American States Water Q2 EPS $1.04 Beats $0.79 Estimate, Sales $157.40M Beat $128.00M Estimate
Portfolio Pulse from mahesh@benzinga.com
American States Water (NYSE:AWR) reported Q2 earnings of $1.04 per share, beating the analyst consensus estimate of $0.79 by 31.65%. This is a 92.59% increase from the same period last year. The company also reported quarterly sales of $157.40 million, beating the analyst consensus estimate of $128.00 million by 22.97%. This is a 28.38% increase from the same period last year.
August 07, 2023 | 9:04 pm
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POSITIVE IMPACT
American States Water reported strong Q2 results, beating both earnings and sales estimates. This could potentially lead to a positive short-term impact on the stock.
American States Water reported a significant increase in both earnings and sales compared to the same period last year, and also beat analyst estimates. This strong performance is likely to be viewed positively by investors, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100