NYSE$AWR

American States Water Company · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported an increase in earnings per share and revenue compared to the same quarter last year.

American States Water Company reported an increase in basic and fully diluted earnings per share to $0.38 for the quarter ended March 31, 2020, compared to $0.35 for the same period in 2019. Total operating revenues increased to $109.077 million from $101.733 million year-over-year.

  • Consolidated diluted EPS increased by 8.6% compared to Q1 2019.
  • Water segment earnings increased due to new rates authorized by the CPUC.
  • Electric segment earnings increased due to new rates authorized by the CPUC.
  • Contracted services segment earnings decreased due to higher construction and legal costs.

Headline financials

Total Revenue

$109M

Previous: $102M+7.2%
EPS (adj)

$0.46

Previous: $0.35+31.4%
Capital Expenditures

-$33.5M

Previous: -$40.6M+17.3%
Free Cash Flow

-$19.5M

Previous: -$27.7M+29.7%
Net Income

$14.1M

Previous: $12.9M+9.5%
Operating Income

$25.7M

Previous: $20.2M+27.3%
Gross Profit

$95M

Previous: $86M+10.4%
Cash & Equivalents

$429K

Previous: $1.84M-76.7%
Total Assets

$1.66B

Previous: $1.53B+8.8%
Stock-Based Comp

$1.84M

Previous: $2M-7.7%

Revenue & EPS history

American States Water · Revenue · Quarterly

$109M

Q1 2020+7.2%vs Q1 2019
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

American States Water · $109M total across 3 segments · Q1 2020

  • Water
    $71.4M
  • Contracted Services
    $26.7M
  • Electric
    $11M

Forward guidance

No specific forward guidance was provided in the document.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.0%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+0.3%

Avg return

30 days after

54%

35 / 65 earnings

Positive

+5.0%

Q2 2012

Best reaction

-5.3%

Q1 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.1%+2.4%+3.3%
Q4 2025+0.4%+0.7%-1.4%
Q3 2025+1.2%+2.4%-1.2%
Q1 2025+0.8%-4.3%-3.7%
Q4 2024+1.0%+4.1%+1.2%
Q3 2024-0.2%+1.9%-3.1%
Q2 2024+1.2%-1.1%-0.6%
Q1 2024+3.3%+5.3%-1.6%
Q4 2023-3.2%-5.5%-6.7%
Q3 2023-2.9%-6.5%-0.6%
Q2 2023+2.5%+3.6%-4.9%
Q1 2023-0.9%+0.3%+0.4%
Q4 2022-5.1%-3.9%-0.5%
Q3 2022+1.0%+4.0%+8.4%
Q2 2022+1.3%+0.8%-4.8%
Q1 2022-2.9%-3.5%+0.9%
Q4 2021-2.7%-3.3%+0.8%
Q3 2021-0.1%+3.8%+3.6%
Q2 2021+0.9%+2.7%+6.3%
Q1 2021+1.0%+0.4%-0.4%
Q4 2020-2.2%-6.3%-4.8%
Q3 2020+0.8%-2.3%-0.2%
Q2 2020-1.1%+3.9%+0.5%
Q1 2020+0.2%-2.6%+4.8%
Q4 2019-2.8%-15.1%-14.6%
Q3 2019-3.9%-9.6%-9.3%
Q2 2019-0.1%+7.7%+20.7%
Q1 2019-0.0%+0.8%+4.7%
Q4 2018-1.8%-1.2%+0.4%
Q3 2018+4.9%+5.5%+7.8%
Q2 2018+0.7%-0.7%+2.2%
Q1 2018-3.5%-0.9%-2.6%
Q4 2017-0.4%-6.0%-3.7%
Q3 2017-0.7%-1.6%+4.5%
Q2 2017-0.4%+1.6%-2.1%
Q1 2017+1.3%+0.7%+5.1%
Q4 2016+1.1%+0.7%-2.0%
Q3 2016+1.1%+1.1%+11.0%
Q2 2016-2.0%-0.6%-7.7%
Q1 2016-5.3%
Q4 2015-0.2%
Q3 2015+1.0%
Q2 2015-2.1%
Q1 2015-1.2%
Q4 2014-0.6%
Q3 2014-2.5%
Q2 2014+0.2%
Q1 2014-3.0%
Q4 2013+3.3%
Q3 2013+1.4%
Q2 2013-3.4%
Q1 2013-2.3%
Q4 2012+3.2%
Q3 2012+3.2%
Q2 2012+5.0%
Q1 2011+3.5%
Q1 2012-1.4%
Q4 2011+1.4%
Q4 2009+1.4%
Q3 2011+0.2%
Q3 2010+0.2%
Q2 2011+3.7%
Q2 2010+3.7%
Q4 2010+3.7%
Q1 2010+0.5%

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