Ladenburg Thalmann Downgrades American States Water (AWR) to Sell

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Go back to Ladenburg Thalmann Downgrades American States Water (AWR) to Sell

American States Water Announces Earnings for the Fourth Quarter and Full Year 2015

February 24, 2016 5:15 PM EST

SAN DIMAS, Calif.--(BUSINESS WIRE)-- American States Water Company (NYSE: AWR) today reported net income of $11.6 million, or basic and fully diluted earnings per share of $0.31 for the fourth quarter ended December 31, 2015, as compared to net income of $13.5 million, or basic and fully diluted earnings per share of $0.35 for the fourth quarter ended December 31, 2014.

Fourth Quarter 2015 Results

The table below sets forth a comparison of the fourth quarter diluted earnings per share by business segment and for the parent company:

  Diluted Earnings per Share Three Months Ended   12/31/2015   12/31/2014 CHANGE Water $ 0.19 $ 0.21... More