American States Water Q3 Earnings Miss Estimates, Revenues Rise Y/Y
Portfolio Pulse from
American States Water (AWR) reported third-quarter earnings that missed estimates, but revenues increased by 6.6% year over year.
November 07, 2024 | 5:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
American States Water's Q3 earnings missed estimates, but the company saw a 6.6% increase in revenues year over year. This mixed result may lead to short-term volatility in the stock price.
The earnings miss could negatively impact investor sentiment, but the revenue growth provides a positive outlook. The mixed results may lead to short-term volatility as investors weigh the earnings miss against the revenue increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100