American States Water Company (AWR) reported second-quarter 2024 operating earnings per share (EPS) of 85 cents, which beat the Zacks Consensus Estimate of 84 cents by 1.2%.Total RevenuesOperating revenues came in at $155.3 million, which outpaced the Zacks Consensus Estimate of $138 million by 12.6%. However, the top line declined 1.3% from $157.4 million reported in the prior-year period. Highlights of the ReleaseOperating expenses in the quarter totaled $103.6 million, up 5.2% from the year-ago quarter’s ...

American States Water (AWR) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.19%. A quarter ago, it was expected that this water and electric utility would post earnings of $0.59 per share when it actually produced earnings of $0.62, delivering a surprise of 5.08%.Over the last four ...

Exhibit 99.1 American States Water Company Announces Second Quarter 2024 Results • Second quarter 2024 recorded and adjusted earnings were both $0.85 per share compared to second quarter 2023 recorded earnings of $1.04 per share and adjusted earnings of $0.86 per share ◦ Adjusted earnings for the second quarter 2023 exclude $0.18 per share related to the reversal of previously recorded revenues subject to refund following the receipt of a final decision in the cost of capital proceeding in June 2023 • AWR's ...

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 June 30, 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 o ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yiel ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric th ...

Water utilities work day in and day out to ensure an uninterrupted supply of clean, potable water and reliable sewer services to millions of customers in the United States. These are essential for healthy and hygienic living.The aging of pipelines is concerning but water utilities continue with their upgrade and maintenance projects to minimize disruptions in operations. Essential Utilities (WTRG) , with its widespread operations, provides services to domestic customers and offers an excellent opportunity t ...

The Federal Reserve signaled it may make one cut in interest rates this year. Although it left rates unchanged after its most recent Federal Open Market Committee meeting, its post-meeting statement said the following. “In recent months, there has been modest further progress toward the Committee’s 2 percent inflation objective.”That gives analysts hope we may see one cut in 2024 with the Fed becoming more aggressive about cuts next year. I wouldn’t hold my breath, but it means there are several stocks at r ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures ...

A month has gone by since the last earnings report for American States Water (AWR) . Shares have lost about 4.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is American States Water due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. American States Water Q1 Earnin ...