American States Water (AWR) Misses Q1 EPS by 6c

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American States Water Company Announces First Quarter 2022 Results

May 2, 2022 4:30 PM EDT

SAN DIMAS, Calif.--(BUSINESS WIRE)-- American States Water Company (NYSE: AWR) today reported basic and fully diluted earnings per share of $0.38 for the quarter ended March 31, 2022, as compared to basic and fully diluted earnings per share of $0.52 for the quarter ended March 31, 2021. Due to the delay in receiving a final decision from the California Public Utilities Commission ("CPUC") on the pending water general rate case at AWR's regulated water utility segment, Golden State Water Company ("GSWC"), to set new rates beginning in 2022, water revenues billed and recorded for the first quarter of 2022... More