NYSE$AWR
American States Water Company · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
American States Water's Q3 2023 earnings increased due to new water rates and effective cost management.
American States Water Company reported an increase in basic and fully diluted earnings per share to $0.85 for Q3 2023, compared to $0.69 in Q3 2022. The increase is primarily attributed to new water rates approved by the CPUC. The company's water segment saw an increase in operating revenues, offset by higher water supply costs and operating expenses.
- Consolidated diluted EPS increased by $0.16 per share, or 23.2%, compared to Q3 2022.
- Water segment earnings increased by $0.18 per share, driven by new water rates.
- Electric segment earnings remained flat due to pending electric general rate case.
- Contracted services segment earnings were consistent with the same period in 2022.
Headline financials
Revenue & EPS history
American States Water · Revenue · Quarterly
$152M
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
No specific forward guidance was provided in the current report.
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 Q3 2023
+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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