Water Utilities
Search documents
Compared to Estimates, Xylem (XYL) Q3 Earnings: A Look at Key Metrics
ZACKS· 2025-10-29 01:00
Core Insights - Xylem reported revenue of $2.27 billion for the quarter ended September 2025, reflecting a year-over-year increase of 7.8% and exceeding the Zacks Consensus Estimate of $2.22 billion by 1.98% [1] - The company's EPS for the quarter was $1.37, up from $1.11 in the same quarter last year, surpassing the consensus estimate of $1.24 by 10.48% [1] Revenue Breakdown - Measurement & Control Solutions generated $522 million, exceeding the estimated $502.6 million, with a year-over-year increase of 14% [4] - Applied Water revenue was $456 million, slightly below the estimated $463.59 million, with a year-over-year increase of 2% [4] - Water Infrastructure revenue reached $656 million, surpassing the estimate of $647.39 million, representing a year-over-year increase of 5.3% [4] - Water Solutions and Services generated $634 million, exceeding the estimated $604.59 million, with a year-over-year increase of 10.1% [4] Adjusted Operating Income - Adjusted Operating Income for Water Infrastructure was $145 million, above the average estimate of $130.79 million [4] - Adjusted Operating Income for Applied Water was $89 million, slightly above the estimated $87.28 million [4] - Adjusted Operating Income for Water Solutions and Services was $127 million, exceeding the estimate of $103.37 million [4] - Corporate and other adjusted operating income was reported at -$22 million, below the estimate of -$18.8 million [4] - Measurement & Control Solutions had an adjusted operating income of $90 million, below the average estimate of $95.01 million [4] Stock Performance - Xylem's shares returned +3.8% over the past month, outperforming the Zacks S&P 500 composite's +3.6% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]
Veralto Reports Third Quarter 2025 Results
Prnewswire· 2025-10-28 20:30
Accessibility StatementSkip Navigation WALTHAM, Mass., Oct. 28, 2025 /PRNewswire/ -- Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resourcesâ"¢, announced results for the third quarter ended October 3, 2025. Key Third Quarter 2025 Results For the fourth quarter of 2025, Veralto anticipates that non-GAAP core sales will grow low-single-digits year-over-year with adjusted diluted earnings per share in th ...
California Water Service Completes West Goshen Consolidation to Provide Safe, Clean Water to Disadvantaged Community
Globenewswire· 2025-10-28 20:15
Support for Private Well Users Made Possible Due to Grant Funding, Partnership with Department of Water Resources, Community Water Center, and Tulare CountySAN JOSE, Calif., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Forty-four residences struggling with failing private wells in the disadvantaged community of West Goshen now have access to safe, clean, reliable drinking water, as California Water Service (Cal Water) completed connecting its water system to the homes. This consolidation was made possible by advocacy ...
New Jersey American Water Breaks Ground on New Operations Center in Washington
Businesswire· 2025-10-28 19:18
Core Points - New Jersey American Water has commenced construction on a new operations center in Washington, New Jersey, representing a significant investment in infrastructure and service reliability for local communities [1][2] - The new facility will be 22,517 square feet and is designed to accommodate local employees while allowing for future growth, with construction expected to be completed by December 2026 [2] - The company has a long-standing commitment to community support, having engaged in various volunteer activities and local event sponsorships over the past decade [3][4] - The new operations center will contribute approximately $95,000 annually in property taxes to Washington Borough and will continue to serve over 31,000 customers in the region [4] Company Overview - American Water is the largest regulated water and wastewater utility company in the United States, serving over 14 million people across 14 states and 18 military installations [5] - New Jersey American Water, a subsidiary of American Water, is the largest regulated water utility in New Jersey, providing services to approximately 2.9 million people [7]
American Water Charitable Foundation and Illinois American Water Award over $40,000 to Support Accessible Drinking Water
Businesswire· 2025-10-28 19:15
Core Points - The American Water Charitable Foundation has awarded $40,400 in grants to support the installation of bottle filling stations [1] - A total of 12 eligible public charities and school districts will benefit from the funding through the Hydration Station Grant Program [1] - The initiative aims to enhance access to clean drinking water in various communities [1]
Badger Meter (BMI) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2025-10-28 14:46
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks based on value, growth, and momentum characteristics, assigning ratings from A to F, with A indicating the highest potential for outperformance [3] - Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Cash Flow [3] - Growth Score evaluates stocks based on projected earnings and sales growth, targeting companies with strong financial health [4] - Momentum Score assesses stocks based on price trends and earnings estimate changes, helping investors capitalize on upward or downward movements [5] - VGM Score combines all three Style Scores, providing a comprehensive indicator for investors seeking attractive value, growth, and momentum [6] Zacks Rank and Style Scores Interaction - The Zacks Rank utilizes earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.93% since 1988 [7] - There are over 800 stocks rated as 1 or 2, making it essential for investors to use Style Scores to narrow down their choices [8] - For optimal returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] - The direction of earnings estimate revisions is crucial; stocks with lower ranks and declining forecasts pose higher risks despite good Style Scores [10] Company Spotlight: Badger Meter - Badger Meter, established in 1905 and based in Milwaukee, WI, specializes in water solutions, including flow measurement and quality monitoring [11] - The company holds a Zacks Rank of 2 (Buy) and has a VGM Score of B, indicating strong growth potential [12] - Badger Meter is projected to achieve year-over-year earnings growth of 13.5% for the current fiscal year, with recent upward revisions in earnings estimates [12] - With a solid Zacks Rank and favorable Style Scores, Badger Meter is recommended for investors seeking growth opportunities [13]
California American Water Continues $1.4 Million Meter Installation Project in the Fruitridge Vista Water District
Businesswire· 2025-10-28 14:45
Core Points - California American Water is undertaking a $1.4 million infrastructure project in the Fruitridge Vista Water District [1] - The project involves the installation of new water meters at residential properties, which began in late September and is expected to continue through mid-January 2026 [1] - The initiative aims to improve service reliability, enhance billing accuracy, and support California's water efficiency goals [1]
Xylem(XYL) - 2025 Q3 - Earnings Call Presentation
2025-10-28 13:00
Financial Performance - Xylem's Q3 2025 reported revenue reached $2268 million, reflecting an 8% overall growth[6] - The organic growth for Q3 2025 was 7%[6] - Adjusted EBITDA margin for Q3 2025 hit a record 232%, a 200 bps year-over-year expansion[7, 11] - Adjusted EPS for Q3 2025 increased by 23%[7, 11] - The company is raising its full-year guidance to reflect robust year-to-date results and a positive outlook[8] Segment Performance - Water Infrastructure reported revenue of $656 million with 5% overall growth and 5% organic growth[6] - Applied Water reported revenue of $456 million with 2% overall growth and 1% organic growth[6] - Measurement and Control Solutions reported revenue of $522 million with 14% overall growth and 11% organic growth[6] - Water Solutions and Services reported revenue of $634 million with 10% overall growth and 10% organic growth[6] Guidance and Assumptions - The updated full-year revenue guidance is approximately $9 billion, representing a 5-6% total growth and 4-5% organic growth[19] - The adjusted EBITDA margin guidance for the full year is 220-223%, a 140-170 bps expansion[19] - The adjusted EPS guidance for the full year is $503-$508[19]
Cadiz Executes Definitive Agreement with Lytton Rancheria of California for $51 Million Investment in Mojave Groundwater Bank in First Tranche of Project Financing
Prnewswire· 2025-10-28 12:30
Core Insights - Cadiz Inc. has entered into a definitive agreement with Lytton Rancheria for up to $51 million in capital to fund the Mojave Groundwater Bank project, which is anticipated to be the largest groundwater bank in the Southwest [1][2][3] Financing Details - The agreement follows a Letter of Intent from November 2024 and marks the first tribal investment in the project, contributing to a total equity capital raise of approximately $450 million through Mojave Water Infrastructure Company, LLC [2] - Cadiz can draw unsecured loan proceeds up to $51 million, with initial proceeds of about $15 million expected to reimburse development expenses and further draws planned for equipment deposits necessary for construction in 2026 [3][4] - In connection with the agreement, Cadiz will issue 600,000 shares of common stock as a commitment fee and 25,000 shares per $1 million funded on each draw, all under the effective Form S-3 shelf registration statement [5] Project Overview - The Mojave Groundwater Bank aims to provide a sustainable water supply and storage solution, addressing the impacts of climate change on water access [6] - The project is expected to be funded through a combination of equity investment, municipal debt, and government grants, with an additional $400 million in equity investment currently being sought [4]
H2O America Announces Third Quarter 2025 Financial Results
Globenewswire· 2025-10-27 23:35
Core Insights - H2O America reported strong financial results for Q3 2025, with net income increasing by 17% year-over-year to $45.1 million and diluted EPS rising by 9% to $1.27, reflecting the company's focus on sustainable growth and strategic acquisitions [3][5][21]. Financial Performance - Net income for Q3 2025 was $45.1 million, a 17% increase from $38.7 million in Q3 2024 [3]. - Diluted EPS for the quarter was $1.27, up from $1.17 in the prior year, marking a 9% increase [3]. - Adjusted net income (non-GAAP) for Q3 2025 was $45.5 million, also a 17% increase compared to $39.0 million in the same quarter last year [3][4]. - Operating revenue for Q3 2025 reached $240.6 million, a 7% increase from $225.1 million in Q3 2024, driven by rate increases and higher customer usage [5][10]. - Operating expenses for Q3 2025 were $175.9 million, a 6% increase from $166.7 million in the same quarter last year [6][11]. Year-to-Date Results - Year-to-date net income through September 30, 2025, was $86.4 million, a 22% increase compared to $71.0 million in the same period of 2024 [9]. - Year-to-date operating revenue was $606.4 million, a 10% increase from $550.6 million in the same period last year [10]. - Year-to-date operating expenses were $462.0 million, up 9% from $423.8 million in the same period last year [11]. Strategic Initiatives - The company is advancing its acquisition of Quadvest and has reached an agreement to acquire the Cibolo Valley wastewater system, which will enhance its presence in Texas [2][13][15]. - H2O America secured regulatory approvals for a $3.1 million annualized revenue increase in Connecticut [2][18]. - Active connections increased by 11.5%, or 5,400 connections, between December 31, 2024, and September 30, 2025 [14]. Capital Expenditures - H2O America has invested $357.8 million in infrastructure through September 30, 2025, which is approximately 74% of its increased capital expenditures forecast of $486.0 million for 2025 [12]. Dividend Information - The Board of Directors declared a quarterly cash dividend of $0.42 per share, payable on December 1, 2025, with an expected annualized dividend of $1.68 per share for 2025, compared to $1.60 per share in 2024 [23][24].