Loading...
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.
The contracted services segment is expected to contribute $0.45 to $0.49 per share for the full 2022 year.
Visualization of income flow from segment revenue to net income