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Mar 31, 2020
American States Water Q1 2020 Earnings Report
Reported an increase in earnings per share and revenue compared to the same quarter last year.
Key Takeaways
American States Water Company reported an increase in basic and fully diluted earnings per share to $0.38 for the quarter ended March 31, 2020, compared to $0.35 for the same period in 2019. Total operating revenues increased to $109.077 million from $101.733 million year-over-year.
Consolidated diluted EPS increased by 8.6% compared to Q1 2019.
Water segment earnings increased due to new rates authorized by the CPUC.
Electric segment earnings increased due to new rates authorized by the CPUC.
Contracted services segment earnings decreased due to higher construction and legal costs.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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