American States Water pany(US:AWR)2025-11-06 19:00Financial Performance - Consolidated diluted earnings per share increased by $0.11, or 11.6%, for Q3 2025, reaching $1.06 per share compared to $0.95 per share in Q3 2024[12, 13] - Year-to-date diluted earnings per share increased by $0.21, reaching $2.63 per share in 2025 compared to $2.42 per share in 2024[12, 20] - Total operating revenues increased to $182.7 million in Q3 2025 from $161.7 million in Q3 2024, a variance of $21.0 million[14] Segment Performance - Water segment earnings were $0.86 per share in Q3 2025, up from $0.84 per share in Q3 2024[13] - Electric segment earnings increased to $0.04 per share in Q3 2025 from $0.02 per share in Q3 2024[13] - Contracted Services (ASUS) earnings rose to $0.19 per share in Q3 2025 from $0.11 per share in Q3 2024[13, 35] Regulatory and Capital Investment - Regulated utilities are on pace to invest between $180 million and $210 million for the year[12, 21] - GSWC is authorized to invest $573.1 million in capital infrastructure over the three-year capital cycle (2025-2027)[25, 29] - BVES is authorized to invest $75.6 million in capital infrastructure over the four-year rate cycle[31] Other Key Points - ASUS was awarded $28.7 million in new capital upgrade construction projects through year-to-date September 2025, to be completed through 2028[12, 35] - The Board of Directors approved a fourth-quarter cash dividend of $0.5040 per share, reflecting an 8.5% compound annual growth rate over the last 5 years[38, 37]