American States Water (AWR) Q1 Earnings & Sales Beat Estimates

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. ...