earnings
confidence high
sentiment positive
materiality 0.75
American States Water Q2 EPS $1.09, up 25.3%; dividend raised 8.2%
AMERICAN STATES WATER CO
- Diluted EPS $1.09 vs $0.87 in Q2 2025, a 25.3% increase; water segment contributed $0.91, electric $0.04, contracted services $0.16.
- Quarterly dividend increased 8.2% to $0.5455 per share, payable Sept 2 to holders of record Aug 17; 72nd consecutive annual increase.
- Completed $200M ATM equity offering; no further share sales planned through at least 2029.
- Contracted services segment expected to contribute $0.63-$0.67 per share for full year 2026.
- S&P affirmed AWR credit rating at 'A' with stable outlook; regulated utility rated 'A+'.