American States Water's (AWR) Q4 Earnings Coming Up: What Awaits?

Core Viewpoint - American States Water (AWR) is expected to report its fourth-quarter 2023 earnings on February 21, with a positive earnings surprise of 3.66% in the previous quarter [1] Factors at Play - Ongoing investments to strengthen operations and the implementation of new rates in service territories are likely to benefit AWR's fourth-quarter earnings [2] - High interest rates may have increased overall borrowing costs, potentially offsetting some positive impacts on earnings [2] Expectations - The Zacks Consensus estimate for AWR's earnings is $0.53 per share, indicating a year-over-year increase of 6% [3] - The Zacks Consensus estimate for fourth-quarter sales is $132 million, suggesting a 5.29% increase from the same period last year [3] Quantitative Model Predictions - The current model does not predict a definitive earnings beat for AWR, as it has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold) [4] Stocks to Consider - Dominion Energy (D) is expected to report an earnings beat with an Earnings ESP of +0.63% and a Zacks Rank of 3 [5] - Sempra Energy (SRE) is also likely to achieve an earnings beat, with an Earnings ESP of +1.18% and a Zacks Rank of 3 [5] - Southwest Gas (SWX) is anticipated to report an earnings beat, having an Earnings ESP of +1.45% and a Zacks Rank of 3 [5]