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American States Water Company Announces Fourth Quarter and Full Year 2024 Results

1. AWR's Q4 2024 EPS rose to $0.75 from $0.55, indicating strong growth. 2. The increase includes retroactive rates adjustments from the electric general rate case.

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FAQ

Why Bullish?

The substantial earnings growth reflects positive operational performance, potentially boosting investor confidence.

How important is it?

Earnings directly influence stock prices; this report shows significant improvement over the previous year.

Why Short Term?

Immediate effects are likely due to the new earnings report, similar to past quarterly surges in stock value following earnings announcements.

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AWRDTECMS
SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) today reported diluted earnings per share of $0.75 for the quarter ended December 31, 2024, as compared to diluted earnings per share of $0.55 for the quarter ended December 31, 2023, an increase of $0.20 per share, which includes the impact of the final decision in the electric general rate case recorded in the fourth quarter of 2024 that included retroactive new rates related to the full 2023 year and the second-year.

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