American States Water (AWR) Tops Q1 EPS by 1c

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American States Water Company Announces First Quarter 2024 Results

May 7, 2024 4:30 PM EDT

2024 first quarter recorded (and adjusted) earnings were $0.62 per share, compared to 2023 first quarter recorded earnings of $0.93 per share. Adjusted earnings for 2023 first quarter were $0.60 per share excluding: $0.38 per share related to the full year of 2022 because of receiving a proposed decision in the water utility general rate case, and $0.05 per share recorded as revenues subject to refund that were subsequently reversed in June 2023 upon receiving the final decision in the cost of capital proceeding. AWRs contracted... More