American States Water (NYSE:AWR) will issue its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.36 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
American States Water (NYSE:AWR) last released its earnings results on Monday, February 25th. The utilities provider reported $0.37 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.37. The company had revenue of $111.00 million for the quarter, compared to analysts’ expectations of $104.54 million. American States Water had a return on equity of 11.70% and a net margin of 14.62%. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.35 EPS. On average, analysts expect American States Water to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NYSE AWR opened at $69.81 on Monday. The firm has a market cap of $2.57 billion, a PE ratio of 40.59, a price-to-earnings-growth ratio of 5.83 and a beta of 0.08. American States Water has a one year low of $53.84 and a one year high of $72.50. The company has a current ratio of 0.90, a quick ratio of 0.86 and a debt-to-equity ratio of 0.67.
In related news, insider Eva G. Tang sold 600 shares of the business’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $72.50, for a total value of $43,500.00. Following the sale, the insider now directly owns 33,169 shares in the company, valued at approximately $2,404,752.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lloyd E. Ross sold 500 shares of the business’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $69.40, for a total value of $34,700.00. Following the completion of the sale, the director now owns 49,331 shares in the company, valued at $3,423,571.40. The disclosure for this sale can be found here. Insiders sold a total of 18,633 shares of company stock worth $1,329,597 over the last 90 days. 1.24% of the stock is currently owned by company insiders.
Separately, Wells Fargo & Co restated a “sell” rating on shares of American States Water in a research note on Tuesday, March 26th.
American States Water Company Profile
American States Water Co is a holding company, which engages in the purchase, production, distribution, and sale of water. It operates through the following segments: Water, Electric, and Contracted Services. The company was founded on December 1, 1929 and is headquartered in San Dimas, CA.
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