American States Water Company Announces Third Quarter 2024 Results
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American States Water Company (NYSE: AWR) reported an increase in earnings per share for Q3 2024, driven by higher earnings from its subsidiary, Golden State Water Company.
November 06, 2024 | 9:45 pm
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American States Water Company reported a positive earnings increase for Q3 2024, with EPS rising to $0.95 from $0.85 in the previous year, primarily due to strong performance by its subsidiary, Golden State Water Company.
The increase in earnings per share from $0.85 to $0.95 indicates a positive financial performance, largely attributed to the subsidiary's contribution. This suggests a strong operational performance, likely to positively impact AWR's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100