NYSE$AWR

American States Water Company · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported an increase in consolidated diluted EPS and increased earnings per share in all business segments.

American States Water Company reported basic and fully diluted earnings per share of $0.52 for the quarter ended March 31, 2021, compared to $0.38 for the same period in 2020, a 36.8% increase.

  • Consolidated diluted EPS increased by 36.8% compared to the first quarter of 2020.
  • Excluding losses on investments in 2020, consolidated diluted earnings increased by 20.9% compared to the same period in 2020.
  • Earnings per share increased in all business segments.
  • GSWC received its full third-year step increase, expected to generate an additional $11.1 million in water gross margin for 2021.

Headline financials

Total Revenue

$117M

Previous: $109M+7.3%
EPS (adj)

$0.52

Previous: $0.46+13.0%
Capital Expenditures

-$37.1M

Previous: -$33.5M-10.6%
Free Cash Flow

-$17.8M

Previous: -$19.5M+8.5%
Net Income

$19.3M

Previous: $14.1M+36.9%
Operating Income

$30.3M

Previous: $25.7M+18.0%
Gross Profit

$102M

Previous: $95M+7.2%
Cash & Equivalents

$6.95M

Previous: $429K+1520.3%
Total Assets

$1.79B

Previous: $1.66B+7.9%
Stock-Based Comp

$1.93M

Previous: $1.84M+4.7%

Revenue & EPS history

American States Water · Revenue · Quarterly

$117M

Q1 2021+7.3%vs Q1 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

American States Water · $117M total across 3 segments · Q1 2021

  • Water
    $75M+5.0%
  • Contracted Services
    $30.5M+14.3%
  • Electric
    $11.5M+5.2%

Forward guidance

The contracted services segment is expected to contribute $0.45 to $0.49 per share for the year 2021.

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 2021

Historical avgQ1 2021

+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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro