NYSE$AWR
American States Water Company · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
American States Water's earnings decreased compared to the same quarter last year, with EPS of $0.85.
American States Water Company reported a decrease in earnings per share (EPS) for the second quarter of 2024, with a reported EPS of $0.85 compared to $1.04 in the second quarter of 2023. Adjusted EPS was also $0.85, compared to $0.86 in the prior year. The water utility segment reached a settlement agreement for new rates from 2025-2027, and the contracted services subsidiary commenced operations at two new military bases.
- Second quarter recorded and adjusted earnings were $0.85 per share, compared to $1.04 and $0.86 per share in Q2 2023, respectively.
- AWR's water utility reached a settlement agreement for new water rates for 2025-2027, authorizing $573.1 million in capital investment.
- The quarterly dividend increased by 8.3%, marking the 70th consecutive year of increased annual dividends.
- AWR's contracted services subsidiary commenced operations at two new military bases in April 2024, contributing earnings in the second quarter.
Headline financials
Revenue & EPS history
American States Water · Revenue · Quarterly
$155M
Revenue by segment
American States Water · $152M total across 3 segments · Q3 2023
- Water$116M+15.3%76.6%
- Contracted Services$26.5M+4.9%17.5%
- Electric$8.96M+0.4%5.9%
Forward guidance
The contracted services segment is expected to contribute $0.50 to $0.54 per share for the full 2024 year.
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 Q2 2024
+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
| Quarter | Report date | Reaction (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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