GLOBAL WATER RES DL-,01

Global Water reported Q2 2026 earnings of $0.04 per share and revenue of $17.8 million, beating consensus expectations of $0.03 and $14.99 million, respectively. Revenue rose 24.8% year over year, supported by regulated revenues, ICFA revenues, an acquisition in the Tucson area and organic growth. Management sees long-term earnings growth from rate adjustments and organic growth, but cautions that future results depend on approval of new rates, higher operating costs and the integration of acquisitions. The stock rose about 10% after the release to $8.38. » Mere på de.investing.com

Global Water Resources reported Q1 2026 EPS of -$0.01 (forecast $0.02) and revenue of $13.29 million (expectation $15.18 million), incurred a net loss of $0.4 million and saw higher operating costs. Despite the numbers, the stock rose about 4.4% in premarket trading, supported by organic connection growth of 2.6% as well as strategic acquisitions and infrastructure investments. Adjusted EBITDA remained stable at $5.6 million; management is focusing on cost discipline, further acquisitions and expected rate increases for GW Santa Cruz to drive revenue. Risks remain from higher operating costs, timing uncertainty for rate approvals and potentially weaker building permits. » Mere på de.investing.com

Global Water Resources reached a settlement with the Arizona Corporation Commission and the Residential Utility Consumer Office for rate cases of its subsidiaries Santa Cruz Water Company and Palo Verde Utilities Company. GW-Santa Cruz is awarded an annual revenue requirement increase of about $2.3 million based on a rate base of $63.6 million, a capital structure of 55% equity/45% debt and a return on equity of 9.6%; new rates are to take effect on November 1, 2026, and would raise the average monthly bill by $2.68. The current rate case for GW-Palo Verde will be withdrawn; the company plans to refile in 2027 using a 2026 test year and is seeking an increased temporary bill credit of roughly $0.4 million annually until then. A hearing is scheduled for August 2026. The company is trading near its 52-week low, has a dividend yield of 4.1% and ten consecutive years of dividend increases; market capitalization is about $213 million and trailing 12-month revenue is approximately $55.76 million. » Mere på de.investing.com