American States Water (AWR) Scheduled to Post Quarterly Earnings on Wednesday

American States Water (NYSE:AWR - Get Free Report) is scheduled to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.99 per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

American States Water (NYSE:AWR - Get Free Report) last announced its earnings results on Tuesday, August 6th. The utilities provider reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.02). The business had revenue of $155.30 million for the quarter, compared to analyst estimates of $138.00 million. American States Water had a return on equity of 13.45% and a net margin of 18.85%. The company's quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.83 earnings per share. On average, analysts expect American States Water to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

American States Water Price Performance

Shares of NYSE AWR traded down $0.02 during midday trading on Wednesday, hitting $82.52. The stock had a trading volume of 64,787 shares, compared to its average volume of 216,283. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 0.92. American States Water has a 1 year low of $66.03 and a 1 year high of $87.50. The company has a market capitalization of $3.09 billion, a PE ratio of 28.77, a P/E/G ratio of 4.31 and a beta of 0.49. The stock has a 50 day simple moving average of $82.92 and a 200-day simple moving average of $77.97.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AWR. Wells Fargo & Company raised shares of American States Water from an "underweight" rating to an "equal weight" rating and increased their price target for the company from $80.00 to $87.00 in a research note on Wednesday, July 31st. StockNews.com lowered shares of American States Water from a "hold" rating to a "sell" rating in a report on Wednesday, September 25th.

Insider Activity

In other American States Water news, Director Anne M. Holloway sold 500 shares of American States Water stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $80.89, for a total value of $40,445.00. Following the completion of the sale, the director now owns 38,519 shares in the company, valued at $3,115,801.91. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.82% of the company's stock.

American States Water Company Profile

American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity.