NasdaqGS:HTOWater Utilities
H2O America (HTO) Stock Holds Firm As Dilution Clouds EPS Growth
H2O America stock barely flinched after earnings, closing at US$64.29, up just 1.2%. The market treated this as a routine quarter. The headline is stronger than that. Adjusted earnings per share came in at US$0.72 for Q2, ahead of the reported US$0.62 on a generally accepted accounting principles basis, and management kept its 2026 adjusted EPS outlook of US$3.08 to US$3.18 intact.
For a regulated water utility running a relatively rich P/E of 25.1x versus a 15.2x global sector average,...