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AWR
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181 days

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

1. AWR's EPS increased to $0.75 in Q4 2024, up from $0.55 in Q4 2023. 2. New electric general rate case influenced this significant earnings increase.

Earnings
+0.97%Current Return
VS
-0.39%S&P 500
$74.5702/19 04:45 PM EDTEvent Start
$75.2902/20 11:10 PM EDTLatest Updated
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FAQ

Why Bullish?

The increase in EPS signals strong financial performance, likely boosting investor confidence, similar to past quarterly results which have positively influenced AWR's stock price.

How important is it?

The article highlights key financial metrics critical for AWR's performance assessment, impacting investment decisions directly.

Why Short Term?

Positive earnings reports typically lead to immediate market reactions but may stabilize over time, like previous earnings that spiked AWR's short-term valuation.

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AWR
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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