Benzinga | Nov 2, 2020 05:13PM EST

Recap: American States Water Q3 Earnings

Shares of American States Water (NYSE:AWR) were unchanged in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 4.35% over the past year to $0.72, which were in line with the estimate of $0.72.

Revenue of $133,688,000 declined by 0.60% from the same period last year, which missed the estimate of $140,070,000.

Looking Ahead

American States Water hasn't issued any earnings guidance for the time being.

American States Water hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $96.64

52-week low: $65.11

Price action over last quarter: Up 0.16%

Company Description

American States Water Co is water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services, primarily from commercial and residential customers.