secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN STATES WATER CO (AWR)
CIK:        0001056903
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001628280-23-005872
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AWR Q4 EPS $0.50; adjusted $0.56 (+9.8%); water rate case delay reduced EPS by $0.09; dividend $0.3975
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- Q4 2022 diluted EPS $0.50 (down $0.05 YoY); full year $2.11 (down $0.44). Water segment $0.28 vs $0.36; electric $0.08 vs $0.07; contracted services $0.17 vs $0.13.
- Adjusted Q4 EPS $0.56 (+9.8% YoY) and adjusted full year $2.59 (+$0.12) excluding rate case delay and investment gains/losses.
- Water rate case delay: if 2022 rates had been approved, Q4 EPS would have been $0.09 higher, full year $0.38 higher.
- Investment gains/losses: Q4 $0.03 gain vs $0.04 gain in 2021; full year $0.10 loss vs $0.08 gain in 2021.
- Dividend: $0.3975 per share paid March 1, 2023; 68 consecutive years of increases; policy of >7% CAGR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056903/000162828023005872/0001628280-23-005872-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056903/000162828023005872/awr-20230301.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-005872

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