The earnings call presented a positive outlook with strong financial results, regulatory approvals boosting revenue, and significant infrastructure investments. However, these positives were partially offset by increased operating expenses, losses on investments, and weather-impacted performance at ASUS.

Company Guidance -

Q2 2025

During the call, American States Water Company reported strong financial results for the first quarter of 2025, with consolidated earnings per share increasing by $0.08 compared to the same quarter in 2024. This improvement was attributed to new water and electric rates authorized by the California Public Utilities Commission (CPUC) for 2025-2027 and 2023-2026, respectively. However, these gains were partially offset by a $0.05 per share unfavorable variance from losses on retirement plan investments and a $0.02 per share dilution from equity issuance. The company plans to invest $170 million to $210 million in infrastructure this year. The Water segment saw a $0.04 per share increase in earnings due to the new rates, while the Electric segment's earnings rose by $0.02 per share. Despite reduced revenues from ASUS due to lower construction activity, the company maintained its earnings per share for this segment. Overall, consolidated revenues grew by $12.7 million, driven primarily by increased water and electric rates.

Increase in Earnings Per Share

Consolidated earnings per share for the first quarter of 2025 were $0.70, an increase of $0.08 compared to $0.62 in the first quarter of 2024.

New Regulatory Approvals

The California Public Utilities Commission (CPUC) approved new water and electric rates, which contributed to the increased earnings and revenue for the quarter.

Infrastructure Investment

Regulated utilities are on pace to invest between $170 million to $210 million in infrastructure in 2025, maintaining strong growth in rate base.

Strong Credit Ratings

American States Water maintains a credit rating of A stable with S&P, while Golden State Water holds A+ Stable ratings with S&P and A2 Stable with Moody's.

Dividend Growth

The quarterly dividend rate has grown at a compound annual growth rate of 8.8% over the last five years, exceeding the company's policy goal of more than 7% growth.

American States Water (AWR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AWR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2025	2025 (Q2)	0.91 / -	0.85	―	―	―
May 07, 2025	2025 (Q1)	0.66 / 0.70	0.48	45.83% (+0.22)
Feb 19, 2025	2024 (Q4)	0.63 / 0.69	0.55	25.45% (+0.14)
Nov 06, 2024	2024 (Q3)	0.98 / 0.95	0.85	11.76% (+0.10)
Aug 06, 2024	2024 (Q2)	0.87 / 0.85	0.86	-1.16% (-0.01)
May 07, 2024	2024 (Q1)	0.61 / 0.48	0.57	-15.79% (-0.09)
Feb 21, 2024	2023 (Q4)	0.53 / 0.55	0.5	10.00% (+0.05)
Nov 06, 2023	2023 (Q3)	0.83 / 0.85	0.69	23.19% (+0.16)
Aug 07, 2023	2023 (Q2)	0.78 / 0.86	0.54	59.26% (+0.32)
May 10, 2023	2023 (Q1)	0.53 / 0.57	0.38	50.00% (+0.19)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AWR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 07, 2025	$79.13	$79.85	+0.91%
Feb 19, 2025	$74.13	$74.85	+0.97%
Nov 06, 2024	$84.12	$83.09	-1.22%
Aug 06, 2024	$80.58	$80.80	+0.27%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does American States Water (AWR) report earnings?

American States Water (AWR) is schdueled to report earning on Aug 06, 2025, After Close (Confirmed).

What is American States Water (AWR) earnings time?

American States Water (AWR) earnings time is at Aug 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AWR EPS forecast?

AWR EPS forecast for the fiscal quarter 2025 (Q2) is 0.91.

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