earnings
confidence high
sentiment positive
materiality 0.80
AWR Q1 EPS $0.93 incl. $0.36 retroactive rate; adjusted EPS $0.54 vs $0.41 YoY
AMERICAN STATES WATER CO
2023-Q1 EPS reported
$0.93
revenue$161,423,000
- Q1 diluted EPS $0.93 vs $0.38 YoY; adjusted EPS (ex-retroactive & investment gains) $0.54 vs $0.41.
- CPUC proposed decision adopts settlement: authorizes ~$404.8M capital investment over three-year cycle.
- Cost of capital proposed decision: ROE 8.85%, debt cost 5.1% (down from 6.6% billed); final decision pending.
- Q2 dividend declared $0.3975/sh, payable June 1 to holders of record May 19; 68-year growth streak.