American States Water (NYSE:AWR) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:40 PM.
Here’s what investors need to know about the announcement.
Earnings
American States Water beat estimated earnings by 78.85%, reporting an EPS of $0.93 versus an estimate of $0.52.
Revenue was up $52.85 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.32 which was followed by a 2.5% drop in the share price the next day.
Here’s a look at American States Water’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.82 | 0.71 | 0.68 | 0.53 |
| EPS Actual | 0.50 | 0.69 | 0.54 | 0.38 |
| Revenue Estimate | 142.85M | 143.00M | 132.00M | 122.00M |
| Revenue Actual | 125.37M | 134.98M | 122.61M | 108.57M |
To track all earnings releases for American States Water visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.