American States Water Co reports results for the quarter ended March 31 - Earnings Summary

• American States Water Co AWR.N reported quarterly adjusted earnings of 70 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 62 cents. The mean expectation of three analysts for the quarter was for earnings of 67 cents per share. Wall Street expected results to range from 63 cents to 73 cents per share.

• Revenue rose 9.4% to $148.01 million from a year ago; analysts expected $145.85 million.

• American States Water Co's reported EPS for the quarter was 70 cents​.

• American States Water Co shares had risen by 1.2% this quarter and gained 2.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the water & related utilities peer group is also "hold"

• Wall Street's median 12-month price target for American States Water Co is $76.00

This summary was machine generated from LSEG data May 8 at 06:17 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)