earnings
confidence high
sentiment positive
materiality 0.60
American States Water Q4 EPS $0.75 vs $0.55; full year adjusted EPS $3.17, up $0.32
AMERICAN STATES WATER CO
2024-FY EPS reported
$3.17
revenue$595,459,000
- Q4 2024 diluted EPS $0.75 (adjusted $0.69) vs $0.55 in Q4 2023; increase driven by CPUC rate decisions and $0.13/share tax benefit.
- Full year 2024 GAAP EPS $3.17 vs $3.36; adjusted EPS $3.17 vs $2.85, up $0.32 YoY.
- CPUC approved nearly $650M capital investments; water GRC for 2025-2027 and electric GRC for 2023-2026.
- Dividend increased to $0.4655 per share for Q1 2025; 70 consecutive years of annual dividend increases.
- Water segment full year adjusted EPS $2.51 vs $2.26; electric segment included $0.06 retroactive benefit in Q4.