NYSE$AWR

American States Water Company · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported basic and fully diluted earnings per share.

American States Water Company reported earnings per share of $0.55 for the fourth quarter ended December 31, 2021, compared to $0.54 for the same period in 2020.

  • Diluted earnings from the water segment increased to $0.36 per share, up from $0.32 per share in Q4 2020.
  • Electric segment earnings remained consistent at $0.07 per share compared to Q4 2020.
  • Contracted services segment earnings decreased to $0.13 per share, down from $0.17 per share in Q4 2020.
  • AWR (parent) earnings increased by $0.01 per share due primarily to changes in state unitary taxes.

Headline financials

Total Revenue

$117M

Previous: $124M-6.1%
EPS (adj)

$0.55

Previous: $0.54+1.9%
Capital Expenditures

$37.8M

Previous: $35.6M+6.2%
Free Cash Flow

-$4.13M

Previous: -$1.27M-224.9%
Net Income

$20.4M

Previous: $20.2M+0.7%
Operating Income

$30M

Previous: $29.3M+2.5%
Gross Profit

$88.4M

Previous: $96.6M-8.5%
Cash & Equivalents

$138M

Previous: $36.7M+275.8%
Total Assets

$1.9B

Previous: $1.79B+6.1%
Stock-Based Comp

$110K

Previous: -$11K+1100.0%

Revenue & EPS history

American States Water · Revenue · Quarterly

$117M

Q4 2021-6.1%vs Q4 2020
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

American States Water · $117M total across 3 segments · Q4 2021

  • Water
    $77.7M+5.8%
  • Contracted Services
    $28.8M-29.2%
  • Electric
    $10.1M+0.4%

Forward guidance

The settlement authorizes GSWC to invest approximately $404.8 million in capital infrastructure over the three-year cycle.

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 Q4 2021

Historical avgQ4 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%

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