American States Water Q2 2021 Earnings Report
Key Takeaways
American States Water Company reported an increase in basic and fully diluted earnings per share to $0.72 for the quarter ended June 30, 2021, compared to $0.69 for the same period in 2020. Adjusted diluted earnings for the second quarter of 2021 increased by $0.05 per share, or a 7.8% increase. The company also announced a 9% increase in the third quarter dividend.
Adjusted second quarter consolidated diluted EPS increased by 7.8% over the adjusted second quarter of 2020.
Adjusted year-to-date consolidated diluted EPS increased by 12.1% over the adjusted year-to-date 2020.
The quarterly dividend was increased by 9% for the September 1 dividend payment.
Diluted earnings per share from the water segment increased by $0.03 compared to the same period in 2020.
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 year 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income