secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN STATES WATER CO (AWR)
CIK:        0001056903
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001628280-24-035233
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AWR reports Q2 2024 adjusted EPS $0.85 vs $0.86 YoY; dividend raised 8.3%
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- Q2 adjusted EPS of $0.85, down $0.01 from $0.86 in Q2 2023; recorded EPS fell from $1.04 on a prior-year one-time benefit.
- Water segment adjusted EPS fell $0.06 to $0.67; electric segment EPS decreased $0.02 on higher costs and pending rate case.
- Contracted services EPS rose $0.07 to $0.19, driven by new military base operations and favorable economic price adjustments.
- Quarterly dividend increased 8.3% to $0.4655 per share, payable September 3, 2024; marks 70th consecutive annual increase.
- Water utility reached settlement agreement for 2025-2027 rates authorizing $573.1 million in capital investment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056903/000162828024035233/0001628280-24-035233-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056903/000162828024035233/awr-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-035233

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