American States Water Q2 2024 Adj. EPS $0.85 Misses $0.87 Estimate, Sales $155.328M Beat $138.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
American States Water (NYSE:AWR) reported Q2 2024 earnings of $0.85 per share, missing the $0.87 estimate, but achieved sales of $155.328 million, surpassing the $138.000 million estimate.
August 06, 2024 | 9:28 pm
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American States Water reported Q2 2024 earnings of $0.85 per share, missing the $0.87 estimate, but achieved sales of $155.328 million, surpassing the $138.000 million estimate.
While AWR missed EPS estimates by 2.3%, it significantly beat sales estimates by 12.56%. The mixed results may lead to a neutral short-term impact on the stock price as investors weigh the earnings miss against the strong sales performance.
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