Global Water Resources Q3 revenue up

Global Water Resources

12/11/2025 21:41

Overview

Global Water Q3 revenue grows 8.4% yr/yr

Net income for Q3 decreased due to higher depreciation and interest expenses

Adjusted EBITDA decreased 5.0% to $7.8 million in the third quarter of 2025

Outlook

Company expects strong growth from Tucson Water acquisition and organic connection growth

Global Water anticipates benefits from Arizona's 'Ag-to-Urban' program

Company is in rate proceedings for GW-Santa Cruz and GW-Palo Verde utilities

Result Drivers

ACQUISITION IMPACT - Revenue growth driven by acquisition of seven water systems from Tucson Water and higher rates

CAPITAL IMPROVEMENTS - Increased depreciation and interest expenses from capital improvement plan led to net income decline

ORGANIC GROWTH - Organic connection growth contributed to revenue increase

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$15.52 mln
$15.10 mln (2 Analysts)
Q3 EPS
$0.06
Q3 Net Income
$1.72 mln
Q3 Adjusted EBITDA
$7.80 mln
$7.80 mln (1 Analyst)
Q3 Basic EPS
$0.06


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for Global Water Resources Inc is $13.00, about 22.5% above its November 11 closing price of $10.07

The stock recently traded at 37 times the next 12-month earnings vs. a P/E of 38 three months ago

Press Release: ID:nGNX1JKxqj

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)