American States Water pany(AWR)
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Forever Stocks: 3 Dividend Kings Reigning Supreme for 50+ Years
InvestorPlace· 2024-05-15 17:28
When investors are looking for dependable dividend stocks to buy, a crucial first step is to target companies with an established history of success. A look within the prestigious group of stocks known as Dividend Kings offers an excellent starting point. For over half a century (50-plus years), these companies unfailingly increased their dividends annually, navigating various economic downturns and market cycles with incredible resilience.As the cornerstone of many income-oriented portfolios, Dividend King ...
American States Water (AWR) Q1 Earnings & Sales Beat Estimates
Zacks Investment Research· 2024-05-09 17:50
American States Water Company (AWR) reported first-quarter 2024 operating earnings per share (EPS) of 62 cents, which beat the Zacks Consensus Estimate of 59 cents by 5.1%.Total RevenuesOperating revenues came in at $135.2 million, surpassing the Zacks Consensus Estimate of $119 million by 13.7%. However, the top line declined 16% from $161 million reported in the prior year.Highlights of the ReleaseOperating expenses in the quarter were $96.3 million, down 12.7% from the year-ago quarter’s $110.3 million. ...
American States Water pany(AWR) - 2024 Q1 - Earnings Call Transcript
2024-05-08 23:14
American States Water Company (NYSE:AWR) Q1 2024 Earnings Conference Call May 8, 2024 2:00 PM ET Company Participants Bob Sprowls - President & Chief Executive Officer Eva Tang - Senior Vice President, Finance & 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 First Quarter 2024 Results. The call is being recorded. If you would like ...
American States Water pany(AWR) - 2024 Q1 - Earnings Call Presentation
2024-05-08 18:01
Financial Results Call Presentation First Quarter 2024 May 8, 2024 NYSE: AWR Today’s Presenters ...
American States Water (AWR) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-05-08 00:26
American States Water (AWR) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.08%. A quarter ago, it was expected that this water and electric utility would post earnings of $0.53 per share when it actually produced earnings of $0.55, delivering a surprise of 3.77%.Over the last four ...
American States Water pany(AWR) - 2024 Q1 - Quarterly Results
2024-05-07 20:33
Exhibit 99.1 American States Water Company Announces First Quarter 2024 Results • 2024 first quarter recorded (and adjusted) earnings were $0.62 per share, compared to 2023 first quarter recorded earnings of $0.93 per share. Adjusted earnings for 2023 first quarter were $0.60 per share excluding: ◦ $0.38 per share related to the full year of 2022 because of receiving a proposed decision in the water utility general rate case, and ◦ $0.05 per share recorded as revenues subject to refund that were subsequentl ...
American States Water pany(AWR) - 2024 Q1 - Quarterly Report
2024-05-07 20:29
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended March 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 file number 001-14431 American States Water Company (Exact Name of Registrant as Specified in Its Charter) California 95-4676679 (State or Other Jurisdiction ...
Reasons to Add American States Water (AWR) to Your Portfolio Now
Zacks Investment Research· 2024-04-03 13:50
American States Water’s (AWR) strategic investments in infrastructure upgrades will allow it to provide quality services to its expanding customer base. Given its growth opportunities, AWR makes for a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) stock a strong investment option at the moment.Growth ProjectionsThe Zacks Consensus Estimate for AWR’s 2024 earnings per share (EPS) has moved 1.7% north to $3.01 in the past 60 days.AWR’s long-term (th ...
American States Water (AWR) to Benefit From Ongoing Investments
Zacks Investment Research· 2024-03-22 14:41
American States Water Company’s (AWR) regular investments in upgrades are strengthening its infrastructure. The company has a strong utility customer base, which is increasing the demand for its services.However, this Zacks Rank #2 (Buy) company’s excessive reliance on a single state for a significant portion of its earnings acts as a headwind.TailwindsAmerican States Water has a sturdy utility customer base, and most importantly, it is increasing its electricity and water utility customer base at a slow bu ...
PRMW or AWR: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-03-19 16:41
Investors interested in Utility - Water Supply stocks are likely familiar with Primo (PRMW) and American States Water (AWR) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive ear ...