Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Global Water Resources, Inc. (GWRS)
NASDAQUtilitiesRegulated WaterSnapshot 2026-11-04
$7.60-6.75%
Close 2026-11-05 · 1-day change
NASDAQUtilitiesRegulated WaterSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.13 → 0.13 EPS · FY ending Dec 31, 2027 · 1 analyst
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 1 to 1; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for GWRS yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
EPS growth from $0.08 in 2026 to $0.11 in 2027 | A primary condition in Global Water Resources, Inc.'s published investment case. The stated target is EPS >= $0.11. | Improving | EPS fails to reach $0.11 in FY27 | Diluted EPS: $0.03 per share FY2026-Q3; GAAP. Published target: EPS >= $0.11. Annual target cannot be compared with a quarterly or TTM observation. Nov 3, 20260.03 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 5, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a regulated water utility growth story, with growth supported by acquisitions, new connections, and rate increases. The multi-year view is intact, and recent financial performance is strong, though management execution is mixed and overall risk is elevated.
GWRS trades at a durable premium, with a 1.33 premium versus peers and an expectations gap of 1.29. The valuation is expensive, so the market appears to assume continued growth; the evidence does not show that the premium is fully justified.
Near-term results show solid momentum: second-quarter revenue grew 24.8% year over year, net income rose, and service connections increased 5.8%. Acquisitions, infrastructure spending, and rate filings support the multi-year growth case, but the rate decision is pending and a guidance cut at the next call is a meaningful risk.
The key swing factors are whether GWRS sustains growth without cutting guidance and whether regulators approve the proposed Santa Cruz rate increase. Over the multi-year view, continued execution on acquisitions and infrastructure matters; near term, lower interest rates and strength at utility peers could support the sector backdrop.
The 1-to-3-year thesis remains intact on strong operating growth, but the expensive valuation, elevated risk, and pending regulatory decision make execution important. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 2 of 2 supplied quarters. Management reported: “Q2 2026 Financial Highlights • Total revenue increased $3.5 million or 24.8% year-over-year (YoY) to $17.8 million .” “Q2 2026 Operational Highlights • Total active service connections at June 30, 2026 increased 5.8% YoY to 69,429.” Revenue was $17.767 million in 2026-Q2.
Increase water and wastewater rates via regulatory filings | A supporting condition in Global Water Resources, Inc.'s published investment case. The stated target is Successful rate case filings with Arizona Corporation Commission. | Intact | Failure to file or obtain rate increases in next 4 quarters | Qualitative condition This condition has no defined numerical measure. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 2 supplied quarters. Management reported: “Among other things, the parties have agreed to: ◦ an increase in GW-Santa Cruz’s annual revenue requirement of approximately $2.3 million, ◦ a requested effective date of the new rates for GW-Santa Cruz of November 1, 2026; and, ◦ the withdrawal of the GW-Palo Verde rate case, to be refiled in 2027 using a 2026 test year without seeking formula rates.” “A final decision is expected in the fourth quarter with new rates for GW-Santa Cruz requested to be effective November 1, 2026.” Delivery assessment Nov 4, 2026 |
Maintain solid revenue growth near 6% annually | A primary condition in Global Water Resources, Inc.'s published investment case. The stated target is >=6% YoY revenue growth. | Intact | YoY revenue growth falls below 6% next year | Revenue growth: 5.04% FY2026-Q3; GAAP. Published target: >=6% YoY revenue growth. Annual target cannot be compared with a quarterly or TTM observation. Nov 3, 20265.038984 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 2 supplied quarters. Management reported: “Q2 2026 Financial Highlights • Total revenue increased $3.5 million or 24.8% year-over-year (YoY) to $17.8 million .” “Q2 2026 Operational Highlights • Total active service connections at June 30, 2026 increased 5.8% YoY to 69,429.” Revenue was $17.767 million in 2026-Q2. Delivery assessment Nov 4, 2026 |
Entry into material definitive agreements to support growth | The company has a robust quality profile and is engaging in strategic agreements to support growth. | Intact | No material agreements entered in next 4 quarters | 2 material agreements executed vs >=1 target Item 1.01 filings confirm entry into material definitive agreements for credit amendment and private placement in August 2026. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.09 → $0.13 · observed estimates
$0.06B → $0.06B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-07-25 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-07-26 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-07-27 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-07-28 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-07-29 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-07-30 | $0.11 | $61,680,000 | 1 / 2 |
| 2026-07-31 | $0.11 | $61,680,000 | 1 / 2 |
| 2026-08-01 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-08-02 | $0.11 | $61,680,000 | 1 / 2 |
| 2026-08-03 | $0.11 | $61,680,000 | 1 / 2 |
| 2026-08-04 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-08-05 | $0.11 | $61,680,000 | 1 / 2 |
| 2026-08-06 | $0.11 | $61,680,000 | 1 / 2 |
| 2026-08-07 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-08-08 | $0.11 | $61,680,000 | 1 / 2 |
| 2026-08-09 | $0.11 | $61,680,000 | 1 / 2 |
| 2026-08-10 | $0.11 | $61,680,000 | 1 / 2 |
| 2026-08-12 | $0.11 | $61,680,000 | 1 / 2 |
| 2026-08-13 | $0.11 | $61,680,000 | 1 / 2 |
| 2026-08-14 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-08-15 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-08-16 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-08-17 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-08-18 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-08-19 | $0.09 | $61,589,333 | 1 / 1 |
| 2026-08-20 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-08-21 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-08-22 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-08-23 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-08-24 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-08-25 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-08-26 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-08-27 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-08-28 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-08-29 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-08-30 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-08-31 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-01 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-02 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-03 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-04 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-05 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-06 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-07 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-08 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-09 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-10 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-11 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-12 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-13 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-14 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-15 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-16 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-17 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-18 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-19 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-20 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-21 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-22 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-23 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-24 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-25 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-26 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-27 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-28 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-29 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-09-30 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-01 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-02 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-03 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-04 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-05 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-06 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-07 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-08 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-09 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-10 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-11 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-12 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-13 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-14 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-15 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-16 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-17 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-18 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-19 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-20 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-21 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-22 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-23 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-24 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-25 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-26 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-27 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-28 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-29 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-30 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-10-31 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-11-01 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-11-02 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-11-03 | $0.13 | $62,400,000 | 1 / 1 |
| 2026-11-04 | $0.13 | $62,400,000 | 1 / 1 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 1 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.