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Mar 31, 2022
American States Water Q1 2022 Earnings Report
Reported earnings of $0.38 per share for the quarter ended March 31, 2022, compared to $0.52 per share for the same period in 2021.
Key Takeaways
American States Water Company reported earnings per share of $0.38 for Q1 2022, a decrease compared to $0.52 in Q1 2021, impacted by the delay in new water rates and other factors.
Diluted earnings per share for Q1 2022 were $0.38, down from $0.52 in Q1 2021.
Water segment earnings decreased to $0.23 per share due to delayed rate case decision and other factors.
Electric segment earnings remained consistent at $0.07 per share.
Contracted services segment earnings decreased to $0.08 per share due to a decrease in construction activity.
American States Water
American States Water
American States Water Revenue by Segment
Forward Guidance
The contracted services segment is expected to contribute $0.45 to $0.49 per share for the full 2022 year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income