H2O AMERICA — Form 8-K

H2O America reported Q3 2026 adjusted diluted EPS of $1.04 vs. $1.27 year-over-year; YTD adjusted EPS fell to $2.30 from $2.53 despite 8% growth in adjusted net income, driven by significant share dilution from ATM issuance and $67M March 2026 stock sale. Company closed $542.7M Quadvest acquisition on October 1, 2026, adding 62,200 active connections and 98,000+ pending; narrowed 2026 standalone guidance to $3.10–$3.16 (midpoint $3.13), but introduced combined guidance of $2.91–$2.97 incorporating Quadvest/Cibolo Valley impact and financing dilution. Capital plan revised to ~$465M for 2026 (from $483M); maintained $2.7B five-year plan and 6–8% long-term EPS CAGR target anchored to 2025's $2.99; dividend raised to $1.76 annualized from $1.68.