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American States Water (AWR)
NYSE:AWR
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.65Last Year’s EPS
0.48Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: 0.97%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive outlook with strong financial results, regulatory approvals, and continued investment in infrastructure. However, challenges such as increased operating expenses and the rejection of certain regulatory mechanisms temper the overall positive sentiment.Company Guidance
The American States Water Company conference call provided a comprehensive overview of the company's financial performance and strategic initiatives for the fourth quarter and full year of 2024. Key metrics highlighted include a $0.19 drop in reported earnings per share compared to the previous year, yet a $0.32 increase in adjusted earnings per share when excluding favorable variances from 2023. The company invested $235.5 million in regulated utility infrastructure and secured $56.5 million in new capital upgrade awards through ASUS, marking record highs. American States Water achieved a return on equity of 14.1% and increased its dividend by 8.3%, reflecting seven consecutive years of annual increases. Operating cash flow saw a significant rise to $198.7 million, primarily due to new rates and retroactive revenue collections. Looking forward, the company anticipates $170 million to $210 million in capital expenditures for 2025, with $60 million in equity issuance expected under its at-the-market program.Regulatory Approvals and Investments
Received final decisions from the California Public Utilities Commission for both water and electric utility subsidiaries, enabling continued infrastructure investment. Authorized to invest $573.1 million in water infrastructure and $75.6 million in electric infrastructure over the respective rate cycles.
Strong Financial Performance
Achieved a return on equity of 14.1% for 2024 despite a 14.2% increase in average consolidated equity balance. Earnings per share excluding 2023 adjustments increased by $0.32 compared to the previous year.
Dividend Growth
Increased dividend to shareholders by 8.3%, marking 7 consecutive years of annual dividend increases.
Record Capital Investments
Invested $235.5 million in infrastructure at regulated utilities and secured $56.5 million in new capital upgrade awards at ASUS, both record highs.
Expansion of Military Contracts
ASUS began operations under two new military contracts, expanding the management of water and wastewater systems for the U.S. government.
Increased Revenue
Consolidated revenue for the fourth quarter increased by $17.9 million compared to 2023, with water, electric, and ASUS segments contributing to the growth.
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AWR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AWR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $74.57 | $75.29 | +0.97% |
| Nov 06, 2024 | $84.62 | $83.58 | -1.23% |
| Aug 06, 2024 | $81.06 | $81.27 | +0.26% |
| May 07, 2024 | $72.10 | $74.78 | +3.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does American States Water (AWR) report earnings?
American States Water (AWR) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is American States Water (AWR) earnings time?
American States Water (AWR) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AWR EPS forecast?
AWR EPS forecast for the fiscal quarter 2025 (Q1) is 0.65.
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