American States Water pany(AWR) - 2019 Q3 - Earnings Call Presentation

Financial Performance - Q3 2019 earnings per share increased by 23% compared to Q3 2018[10] - Consolidated Q3 earnings were $0.76 per share in 2019, compared to $0.62 per share in 2018[10] - Adjusted earnings increased by $0.07 per share, or 11%, after excluding the retroactive impact of the CPUC final decision on the electric general rate case[10] - Year-to-date consolidated EPS, as reported, was $1.83, compared to $1.35 in the same period of 2018[18] Segment Performance - Water segment Q3 2019 EPS was $0.53, compared to $0.47 in Q3 2018[12] - Electric segment Q3 2019 adjusted EPS was $0.03, compared to $0.02 in Q3 2018[12] - Contracted Services (ASUS) Q3 2019 EPS was $0.12, compared to $0.13 in Q3 2018[12] - Water operating revenues were $95.3 million in Q3 2019, compared to $87.7 million in Q3 2018[13] - Electric operating revenues were $12.0 million in Q3 2019, compared to $7.9 million in Q3 2018[13] - Contracted Services operating revenues were $27.2 million in Q3 2019, compared to $28.6 million in Q3 2018[13] Capital Expenditures and Liquidity - $100.3 million in GSWC-funded capital expenditures through September 2019[10] - Capital expenditures for 2019 are expected to be $115-$125 million at GSWC[10] - AWR amended its credit facility, increasing the borrowing capacity from $200 million to $225 million through June 2020[19] Regulatory and Dividends - Potential future revenue increases for water general rate case: estimated $9.1 million for 2020 and $12.0 million for 2021[21] - The board of directors declared a fourth quarter cash dividend of $0.305 per share, a 10.9% increase in July 2019[23]