Financial Performance - Total operating revenues for Q1 2025 reached $148,013,000, a 9.5% increase from $135,251,000 in Q1 2024[26] - Net income for Q1 2025 was $26,844,000, compared to $23,135,000 in Q1 2024, reflecting a 16.7% year-over-year growth[26] - Basic earnings per common share increased to $0.70 in Q1 2025 from $0.62 in Q1 2024, representing a 12.9% increase[26] - Operating income for Q1 2025 was $45,546,000, up from $38,974,000 in Q1 2024, reflecting a 16.0% increase[26] - Net income for the three months ended March 31, 2025, was $26,844,000, an increase of 16.7% compared to $23,135,000 for the same period in 2024[31] - Total operating revenues for the first quarter of 2025 reached $102,003,000, up 13.0% from $90,265,000 in the first quarter of 2024[39] - Operating income increased to $34,796,000 in Q1 2025, representing a 19.0% rise from $29,167,000 in Q1 2024[39] - Segment net income for the three months ended March 31, 2025, was $27.7 million, compared to $24.3 million for the same period in 2024, indicating an increase of about 10.0%[108][110] - For the three months ended March 31, 2025, consolidated diluted earnings per share increased to $0.70, up from $0.62 in the same period in 2024, representing a growth of 12.9%[131] Assets and Liabilities - Total assets as of March 31, 2025, were $2,545,453,000, up from $2,500,209,000 at the end of 2024, indicating a 1.8% growth[22] - Common shareholders' equity increased to $956,407,000 as of March 31, 2025, compared to $920,051,000 at the end of 2024, a rise of 3.9%[25] - Long-term debt rose to $690,208,000 as of March 31, 2025, from $640,382,000 at the end of 2024, marking a 7.8% increase[25] - Total current liabilities increased to $294,296,000 as of March 31, 2025, compared to $285,525,000 at the end of 2024, a rise of 3.0%[25] - Cash and cash equivalents decreased to $21,229,000 as of March 31, 2025, from $26,661,000 at the end of 2024, a decline of 20.4%[22] Cash Flow and Investments - Cash flows from operating activities provided $36,866,000 in Q1 2025, up from $30,992,000 in Q1 2024, reflecting a growth of 19.1%[44] - Capital expenditures for the three months ended March 31, 2025, were $67,565,000, compared to $47,550,000 in the same period of 2024, indicating a 42.1% increase[31] - AWR's net cash used in investing activities was $67.4 million for Q1 2025, compared to $47.4 million in Q1 2024, mainly related to capital expenditures at regulated utilities[187] - GSWC's net cash used in investing activities was $57.7 million for Q1 2025, compared to $41.1 million in Q1 2024, reflecting spending under infrastructure investment plans[196] Revenue Sources - For the three months ended March 31, 2025, total water revenues were $102.0 million, an increase of 13% from $90.3 million in the same period of 2024[60] - Total electric revenues for the same period were $15.0 million, up 23% from $12.2 million in 2024[60] - Contracted services revenues from contracts with customers were $31.0 million, a decrease of 5% from $32.8 million in the prior year[60] Regulatory and Compliance - GSWC's new rates for 2025 were implemented retroactively to January 1, 2025, following a CPUC decision on January 30, 2025[69] - The new Monterey-style WRAM and ICBA for supply costs became effective on January 1, 2025, replacing the previous WRAM and MCBA mechanisms[72] - GSWC's regulatory asset and accrued liability for the estimated remaining cleanup costs is $1.3 million, which is expected to be approved in the rate base by the CPUC[102] - The CPUC approved BVES's recovery of incremental wildfire mitigation costs incurred prior to 2023, which were not included in customer rates before the final decision[211] Dividends and Shareholder Returns - The company paid dividends of $0.4655 per common share in Q1 2025, compared to $0.4300 in Q1 2024, a 8.8% increase[26] - AWR paid quarterly dividends of approximately $17.8 million, or $0.4655 per share, in Q1 2025, compared to $15.9 million, or $0.4300 per share, in Q1 2024[84] Debt and Financing - AWR raised $25.8 million through the ATM offering program in Q1 2025, compared to $16.2 million in Q1 2024, marking a 59.5% increase in proceeds[53] - As of March 31, 2025, AWR's outstanding borrowings under its credit facilities were $106.0 million, while GSWC's were $143.0 million[177] - GSWC expects to issue up to $750.0 million of new long-term debt and equity securities in Q2 2025 to facilitate the pay-off of outstanding borrowings[54] Operational Metrics - Water consumption increased by 12.0% in Q1 2025 compared to the same period in 2024, influenced by lower seasonal precipitation[142] - The contracted services segment is expected to contribute between $0.59 and $0.63 per share for the full year 2025[136] Environmental and Regulatory Assets - BVES had approximately $14.8 million in regulatory assets related to wildfire mitigation plans as of March 31, 2025[76] - GSWC and BVES had $59.6 million of net regulatory assets, including $153.6 million of regulatory assets and $94.0 million of regulatory liabilities[66] Interest and Tax Expenses - Interest expense for the three months ended March 31, 2025, was $10.8 million, compared to $11.1 million in the same period of 2024, indicating a decrease of approximately 2.7%[108][110] - Consolidated income tax expense increased by $1,066,000 or 14.4% to $8,462,000 for the three months ended March 31, 2025, compared to $7,396,000 in 2024[170]

American States Water (AWR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 7, 2025, might help the stock move higher if these key numbers are better th ...

I wanted to look at American States Water Company's (NYSE: AWR ) performance in the last year and give some comments on the outlook and why for me, it is not the right move at this stage. There is a Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking A ...

Financial Results Call Presentation Fourth Quarter and Full Year 2024 February 20, 2025 NYSE: AWR Today's Presenters Robert J. Sprowls President & CEO Eva G. Tang SVP – Finance & CFO 2 Forward-Looking Statement This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can often be identified by words such as "anticipate," "estimate," "expect," "intend," "may," "should" and similar phrases and expressions, and ...

American States Water Company (NYSE:AWR) Q4 2024 Earnings Call February 20, 2025 2:00 PM ET Company Participants Bob Sprowls - President and Chief Executive Officer Eva Tang - Senior Vice President, Finance and Chief Financial Officer Conference Call Participants Jonathan Reeder - Wells Fargo Operator Ladies and gentlemen, thank you for standing by. Welcome to the American States Water Company Conference Call discussing the company’s Fourth Quarter and Full Year 2024 Results. [Operator Instructions] The cal ...

American States Water Company (AWR) reported fourth-quarter 2024 operating earnings per share (EPS) of 69 cents, which beat the Zacks Consensus Estimate of 60 cents by 15%. In the year-ago quarter, the company reported EPS of 55 cents.Full-year 2024 EPS was $3.17, up 11.2% from last year’s registered figure of $2.85.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.AWR’s Total RevenuesOperating revenues totaled $143.1 million, which outpaced the Zacks Consensus Estimate of $126 million ...

American States Water (AWR) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15%. A quarter ago, it was expected that this water and electric utility would post earnings of $0.99 per share when it actually produced earnings of $0.95, delivering a surprise of -4.04%.Over the last four q ...

Exhibit 99.1 American States Water Company Announces Fourth Quarter and Full Year 2024 Results Water Segment: On January 30, 2025, the California Public Utilities Commission ("CPUC") issued a final decision in connection with GSWC's recent general rate case that, among other things, adopted a settlement agreement between GSWC and the Public Advocates Office at the CPUC, which excluded from customer rates certain excess deferred income tax balances generated by activities outside of ratemaking that were prev ...

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to | Commission Registrant, State of Incorporation IRS Employer | | | --- | --- | | File Number Address, Zip Code and Telephone Number Identification No. | | | 001-14431 95-4676 ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond ...