American States Water Co reports results for the quarter ended June 30 - Earnings Summary

• American States Water Co AWR.N reported quarterly adjusted earnings of 87 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 85 cents. The mean expectation of four analysts for the quarter was for earnings of 91 cents per share. Wall Street expected results to range from 90 cents to 92 cents per share.

• Revenue rose 5% to $163.07 million from a year ago; analysts expected $170.64 million.

• American States Water Co's reported EPS for the quarter was 87 cents​.

• American States Water Co shares had fallen by 2.7% this quarter and lost 4.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% 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," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the water & related utilities peer group is "buy."

• Wall Street's median 12-month price target for American States Water Co is $84.00, about 11.5% above its last closing price of $74.37

This summary was machine generated from LSEG data August 6 at 09:38 p.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)