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Dec 31, 2019
American States Water Q4 2019 Earnings Report
Reported an increase in diluted EPS and increased earnings per share in all business segments for full year 2019.
Key Takeaways
American States Water Company reported basic and fully diluted earnings per share of $0.45 for the fourth quarter ended December 31, 2019, as compared to basic and fully diluted earnings per share of $0.37 for the fourth quarter ended December 31, 2018. Fully diluted earnings for the year ended December 31, 2019 were $2.28 per share, compared to $1.72 per share for 2018.
Diluted earnings per share was $0.45 for the fourth quarter ended December 31, 2019, compared to $0.37 for the same period in 2018.
Water segment earnings increased by $0.11 per share compared to the same period in 2018, driven by higher gross margin and lower operating expenses.
Electric segment earnings increased to $0.05 per share, up from $0.03 per share in the same period in 2018, due to new rates authorized by the CPUC.
Contracted services segment earnings decreased to $0.12 per share, compared to $0.18 per share for the same period in 2018, due to the timing of construction work.
Revenue by Segment
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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