AWR

California Water Service Group CWT is benefiting from strategic investments that support the upgrade and replacement of aging infrastructure. These investments focus on improving system reliability, enhancing water quality and boosting operational efficiency, thereby strengthening service delivery. The company plans to invest $627 million in 2026 and $667 million in 2027, respectively, to support rate base expansion and sustainable long-term earnings growth. These investments strengthen infrastructure, support PFAS treatment, improve efficiency, enhance water system reliability and address quality requirements.Recently, CWT’s subsidiary, Cal Water, received approval from the California Public Utilities Commission to invest $1.45 billion through 2027 in water quality, system reliability, power-outage resilience, cybersecurity and long-term water supply projects. The decision allows the company to increase annual revenues by $90.5 million in 2026, $43.2 million in 2027 and $48.9 million in 2028.CWT expects infrastructure and other capital investments to support a more than 11.1% compound annual rate base growth, with the rate base projected to exceed $3.2 billion by 2027.The company’s planned acquisition of water and wastewater systems could expand its customer base and create additional infrastructure investment opportunities. Overall, continued capital spending, regulatory support and rate-base growth could provide a strong foundation for sustainable earnings growth, although regulatory approvals, financing costs and execution risks remain important considerations. As per the U.S Environmental Protection Agency, nearly $1.25 trillion will be needed over the next 20 years for water and wastewater infrastructure improvements. Aging water infrastructure creates investment opportunities as utilities replace old pipelines, upgrade treatment facilities and improve system reliabilityAmerican Water Works AWK continues to invest in upgrading, expanding and maintaining its water and wastewater infrastructure. The company plans to spend $3.7 billion in 2026 and $19-$20 billion from 2026 through 2030 to support system reliability and long-term growth.American States Water AWR plans to invest $185-$225 million in 2026 to strengthen and improve infrastructure, support rate base growth and create long-term financial opportunities. The Zacks Consensus Estimate for 2026 and...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. American States Water (NYSE:AWR) continues its record of consecutive annual dividend increases. The company is also associated with projections for solid earnings growth. These developments reinforce its profile as an income focused utility stock for long term investors. American States Water, a regulated water and electric utility, has built a reputation around consistent dividend increases and steady operations. For investors who care about income reliability, the ongoing string of dividend raises and expectations for solid earnings growth put NYSE:AWR in focus. The combination of regulated revenue and a clear dividend policy is often of interest to those seeking stability over market excitement. For long term investors, the key question is how sustainable this pattern of dividend growth and earnings support may be. The recent news around continued dividend increases and projected earnings strength provides fresh data points to weigh alongside personal income needs, risk tolerance, and portfolio diversification goals. Stay updated on the most important news stories for American States Water by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on American States Water. Is American States Water's dividend sustainable? Check out what every dividend investor needs to know in our dividend analysis. For income focused investors looking at American States Water, the key takeaway from this update is the combination of its dividend pattern and earnings outlook. The company has raised its dividend five times over the past five years, with an average annual increase of 8.23%. That pace of growth, together with a payout ratio of 59% and expected earnings growth of about 10.09% in fiscal 2026, suggests the current dividend is supported by underlying profits rather than relying heavily on balance sheet levers. A payout ratio close to 60% leaves some room for reinvestment in the regulated utility business while still returning cash to shareholders. At the same time, investors should weigh this against American States Water’s reported high level of debt and a dividend yield of 2.39% that is not covered by free cash flow, which introduces some financial risk if operating conditions tighten. Overall, the news r...

It has been about a month since the last earnings report for American States Water (AWR). Shares have added about 0.2% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is American States Water due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. American States Water Q1 Earnings Miss Estimates, Sales Increase Y/YAmerican States Water Company reported first-quarter 2026 operating earnings per share (EPS) of 76 cents, up 8.6% from the year-ago quarter’s level of 70 cents. The metric missed the Zacks Consensus Estimate by a penny in the reported quarter. Operating revenues totaled $169.2 million, up 14.3% from the year-ago quarter’s level of $148.01 million. The year-over-year increase in total revenues was due to strong contributions from all three segments. Total revenues from the Water segment were $113.1 million, up 10.9% from $102 million in the year-ago period. Revenues from the Electric segment were $18.7 million, up 24.7% from $15 million in the year-ago quarter. Revenues from the Contracted Services segment were $37.4 million, up from $31 million in the year-ago quarter. Operating expenses totaled $117.8 million, up 14.9% from the year-ago quarter’s level of $102.5 million. This increase was due to higher water purchased, power purchased for pumping, other operation expenses and higher ASUS construction expenses.Operating income totaled $51.4 million, up 12.8% from $45.6 million recorded in the corresponding period of 2025.Interest expenses amounted to $12.1 million, nearly the same as the year-ago levels. Interest income totaled $0.98 million compared with $2.01 million in the year-ago quarter. As of March 31, 2026, AWR’s cash and cash equivalents totaled $22.1 million compared with $18.8 million as of Dec. 31, 2025.Long-term debt was $782.7 million as of March 31, 2026, on par with the figure as of Dec. 31, 2025.Cash provided by operating activities in the first quarter of 2026 totaled $71.7 million compared with $45.1 million in the year-ago period. AWR’s regulated utilities are authorized to spend nearly $650 million in capital investments, as approved in the utilities’ general...

Interested in American States Water Company? Here are five stocks we like better. American States Water reported first-quarter 2026 EPS of $0.76, up 8.6% from $0.70 a year earlier, with all three operating segments contributing to the gain. Higher regulated utility rates and stronger construction activity in its contracted services business drove the improvement. Revenue and cash flow also improved meaningfully, with consolidated revenue up $21.2 million and operating cash flow rising to $71.6 million from $45.1 million. The company said new rate increases, surcharges, and timing benefits in its ASUS business were key contributors. The company remains focused on regulatory activity and infrastructure investment, including planned 2026 capital spending of $185 million to $225 million and upcoming rate case filings for its water and electric utilities. Management also warned that changes in water supply mix could create more earnings volatility under the CPUC’s modified revenue mechanism. Dividend Aristocrats or Dividend Kings: Which Is Best for You? American States Water (NYSE:AWR) reported higher first-quarter earnings as all three of its operating segments posted year-over-year gains, supported by rate increases at its regulated utilities and stronger construction activity in its contracted services business. President and Chief Executive Officer Robert Sprowls said consolidated earnings per share rose to $0.76 for the first quarter of 2026, up from $0.70 in the same period of 2025, an increase of 8.6%. Sprowls said the company “started 2026 with strong financial results” and that its water utility, electric utility and contracted services businesses each contributed to the improvement. → Light Speed Returns: Corning Cashes In on NVIDIA Growth 3 Dividend Kings Poised to Outperform the Market The company also said its regulated utilities remain on pace to invest a combined $185 million to $225 million in infrastructure during 2026, including spending on water, wastewater and electric utility systems. Golden State Water, the company’s water utility, reported earnings of $0.55 per share, compared with $0.52 per share in the prior-year quarter. The increase was largely attributed to new water rates for 2026, including additional revenue tied to an advice letter capital project approved last year. Those gains were partially offset by higher water supply costs, o...

Essential Utilities Inc. WTRG reported first-quarter 2026 operating earnings per share (EPS) of 83 cents, which lagged the Zacks Consensus Estimate of $1.01 by 17.82%. The bottom line decreased 19.41% from $1.03 in the year-ago quarter. WTRG’s first-quarter GAAP earnings were 79 cents compared with $1.03 reported in the year-ago quarter. The difference between GAAP and operating earnings was due to the impact of merger-related expenses incurred in the quarter. Operating revenues of $862 million surpassed the Zacks Consensus Estimate of $768 million by 12.17%. The top line rose nearly 10% from the prior-year quarter’s $783.6 million. The improvement in total revenues was due to additional revenues from regulatory recoveries and purchased gas costs. Essential Utilities Inc. price-consensus-eps-surprise-chart | Essential Utilities Inc. Quote Essential Utilities’ water segment reported revenues for the quarter of $323 million, an increase of 7.4% compared to $300.8 million in the first quarter of 2025. The year-over-year improvement was due to regulatory recoveries and increased volume. WTRG’s regulated natural gas segment reported quarterly revenues of $529.4 million, up from $470.8 million in the first quarter of 2025, primarily driven by higher purchased gas costs, increased regulatory recoveries and the impact of weather normalization adjustments. Total operating expenses amounted to $551.1 million, up 23.9% from the year-ago figure of $444.7 million due to increases in purchased gas costs, and higher operation and maintenance expenses than the previous year period. Operating income totaled $310.6 million, down 8.4% year over year. The year-over-year decline was due to an increase in operating expenses. Interest expenses increased 6.33% to $87.3 million from $79.3 million in the prior-year quarter. The company continues to expand its operations through acquisitions and organic initiatives. The pending acquisition, if closed, can add more than 200,000 customers to Essential Utilities’ customer base. So far in 2026, the company’s regulated water segment has secured rate awards and infrastructure surcharges expected to increase annual revenues by $5.7 million across Illinois, Indiana, Pennsylvania and Ohio. Its regulated natural gas segment also received rate awards and infrastructure surcharges in Kentucky and Pennsylvania, projected to add $9.4 million in ann...

Consolidated earnings growth was primarily driven by the implementation of new 2026 water and electric rates, including step rate increases and advice letter project approvals. The water utility segment is navigating a transition from full revenue decoupling to a modified rate adjustment mechanism (MRAM), which management notes may introduce future volatility in revenues and earnings based on customer consumption and supply mix. Water segment earnings were impacted by a less favorable water supply source mix this quarter, as certain wells were temporarily offline, necessitating the use of more expensive purchased water. Contracted services (ASUS) saw improved performance due to higher construction activity timing and the resolution of economic price adjustments, alongside lower interest expenses from reduced borrowing. Management attributes the 11.3% compound annual growth in the water rate base since 2021 to sustained infrastructure investment and the successful recovery of advice letter capital projects. The company maintains a strong focus on capital allocation, projecting $185 million to $225 million in infrastructure investments for 2026 to support long-term system reliability. Management is preparing a new water general rate case for filing by July 1, 2026, which will cover the rate cycle for 2028 through 2030. The cost of capital application has been deferred until May 2027, allowing the current authorized rate of return of 7.93% and a 10.06% return on equity to remain in effect through 2027. Bear Valley Electric's new rate case application for 2027-2030 requests a capital budget of $133 million and an increased return on equity of 11.3%. ASUS is projected to contribute between $0.63 and $0.67 per share for the full year 2026, supported by a strong reputation for competing for future military base contract awards. The company intends to maintain its long-term dividend policy goal of a compound annual growth rate exceeding 7%. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. The transition to MRAM and incremental cost balancing accounts for supply costs represents a structural shift that removes the previous protection against fluctuations in water usage and source mix. A $0.01 per share dilutive effect was recorded this quarter due to shares issued...

An 8.6% increase (or $0.06 per share) in reported first quarter 2026 consolidated diluted EPS compared to first quarter of 2025 Increased earnings per share at all operating business segments AWR’s regulated utilities authorized to spend approximately $650 million in capital investments as approved in the utilities’ general rate cases On target to invest $185 to $225 million in 2026 AWR’s contracted services business is expected to contribute $0.63 to $0.67 per share for the full 2026 year AWR Named One of America’s Most Trustworthy Companies by Newsweek Ranked #1 in the Energy & Utilities Industry SAN DIMAS, Calif., May 06, 2026--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) today reported basic and fully diluted earnings per share of $0.76 for the quarter ended March 31, 2026, as compared to basic and fully diluted earnings per share of $0.70 for the quarter ended March 31, 2025, an increase of $0.06 per share or 8.6%, primarily generated from higher earnings at the water and electric utility segments resulting from the implementation of new customer rate increases approved by the California Public Utilities Commission (CPUC), and higher construction activities that resulted in higher earnings at the contracted services segment. First Quarter 2026 Results The table below sets forth a comparison of the first quarter of 2026 diluted earnings per share contribution reported by business segment and for the parent company compared with amounts reported during the same period in 2025. Water Segment: For the three months ended March 31, 2026, reported diluted earnings from AWR’s water utility segment, Golden State Water Company (GSWC), were $0.55 per share, as compared to $0.52 per share for the same period in 2025, an increase of $0.03 per share. The discussion below presents the major variances in earnings for the two periods. An increase in water operating revenues of $11.1 million was largely as a result of the CPUC-authorized second-year rate increases and additional revenues for capital projects approved in advice letter filings, both of which were effective January 1, 2026. Water consumption for the three months ended March 31, 2026 was consistent with the same period in 2025 and adopted levels. However, as a result of transitioning from a full revenue decoupling mechanism to a modified rate adjustment mechanism effective January 1, 2025, GSWC’...

American States Water Company AWR reported first-quarter 2026 operating earnings per share (EPS) of 76 cents, up 8.6% from the year-ago quarter’s level of 70 cents. The metric missed the Zacks Consensus Estimate by a penny in the reported quarter. Operating revenues totaled $169.2 million, up 14.3% from the year-ago quarter’s level of $148.01 million. The year-over-year increase in total revenues was due to strong contributions from all three segments. American States Water Company price-consensus-eps-surprise-chart | American States Water Company Quote Total revenues from the Water segment were $113.1 million, up 10.9% from $102 million in the year-ago period. Revenues from the Electric segment were $18.7 million, up 24.7% from $15 million in the year-ago quarter. Revenues from the Contracted Services segment were $37.4 million, up from $31 million in the year-ago quarter. Operating expenses totaled $117.8 million, up 14.9% from the year-ago quarter’s level of $102.5 million. This increase was due to higher water purchased, power purchased for pumping, other operation expenses and higher ASUS construction expenses. Operating income totaled $51.4 million, up 12.8% from $45.6 million recorded in the corresponding period of 2025. Interest expenses amounted to $12.1 million, nearly the same as the year-ago levels. Interest income totaled $0.98 million compared with $2.01 million in the year-ago quarter. As of March 31, 2026, AWR’s cash and cash equivalents totaled $22.1 million compared with $18.8 million as of Dec. 31, 2025. Long-term debt was $782.7 million as of March 31, 2026, on par with the figure as of Dec. 31, 2025. Cash provided by operating activities in the first quarter of 2026 totaled $71.7 million compared with $45.1 million in the year-ago period. AWR’s regulated utilities are authorized to spend nearly $650 million in capital investments, as approved in the utilities’ general rate cases, targeting $185-$225 million in 2026. American States Water currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. American Water Works Company AWK reported first-quarter 2026 adjusted earnings per share (EPS) of $1.01, which missed the Zacks Consensus Estimate of $1.10 by 8.18%. The bottom line declined 0.98% from the year-ago quarter's level of $1.02. AWK’s total quarterly revenues of $1.21 bill...

SAN DIMAS, Calif. (AP) — SAN DIMAS, Calif. (AP) — American States Water Co. (AWR) on Wednesday reported first-quarter earnings of $29.9 million. The San Dimas, California-based company said it had profit of 76 cents per share. The water and electric utility posted revenue of $169.2 million in the period. American States Water shares have risen nearly 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $75.84, a drop of 6% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AWR at https://www.zacks.com/ap/AWR

California Water Service Group CWT posted first-quarter 2026 earnings of 7 cents per share, down 68.2% from 22 cents a year ago. The figure missed the Zacks Consensus Estimate of 25 cents by 72.0%. The earnings shortfall reflected cost pressure across the income statement. Total operating expenses rose 8.1% year over year to $196.4 million, outpacing the growth in operating revenues. Quarterly revenues were $215 million, up 5.2% from the year-ago period. The top line came in below the consensus mark of $218 million by 1.38%. Operating revenues increased $10.6 million year over year, supported by rate-related items and higher accrued and unbilled revenues. At the same time, customer usage declined, pressuring billed consumption for the quarter. CWT’s management attributed the usage decline to climate variability between the periods, while noting that rate changes and higher accrued and unbilled revenues contributed meaningfully to quarterly revenues. This mix underscores the company’s continued reliance on regulatory constructs and billing dynamics to smooth results through seasonal demand swings. California Water Service Group price-consensus-eps-surprise-chart | California Water Service Group Quote Water production costs increased $8.3 million year-over-year to $71.3 million, driven primarily by higher wholesale water rates. Depreciation and amortization also climbed to $40 million as additional capital assets were placed into service. During the quarter, CWT announced an agreement to acquire Nexus Water Group’s water and wastewater systems in Nevada and Oregon for approximately $218 million. The transaction is expected to add about 36,000 customer equivalent residential units and roughly $109 million of rate base, expanding the company’s footprint beyond California. CWT continues to invest heavily in its regulated systems, a strategy that supports long-term rate base growth but also raises near-term non-cash costs. The quarter’s step-up in depreciation expense reflected ongoing infrastructure work and new assets entering service. The company’s expense profile also showed higher financing-related pressure. Net interest expense increased to $18.6 million from $15.7 million in the prior-year quarter, which further weighed on profitability as capital spending and funding needs expanded. A key near-term swing factor remains California Water Service’s 2024 Calif...

American Water Works Company AWK reported first-quarter 2026 adjusted earnings per share (EPS) of $1.01, which missed the Zacks Consensus Estimate of $1.10 by 8.18%. The bottom line declined 0.98% from the year-ago quarter's level of $1.02 per share. AWK’s total quarterly revenues of $1.21 billion surpassed the Zacks Consensus Estimate of $1.12 billion by 8.25%. The top line also increased 5.69% from the year-ago figure of $1.14 billion. American Water Works Company, Inc. price-consensus-eps-surprise-chart | American Water Works Company, Inc. Quote Regulated businesses’ net revenues in the first quarter of 2026 were $1.11 billion, up 5.91% year over year. Others’ net revenues in the first quarter of 2026 were $96 million, up 3.23% year over year. Total operating expenses for the first quarter of 2026 were $816 million, up 5.84% from the year-ago quarter’s $771 million, primarily driven by higher operation and maintenance expenses. The operating income totaled $391 million, up 5.39% from the year-ago figure of $371million. AWK continues to expand its business through acquisitions and organic growth. As of March 31, 2026, the company closed one acquisition, adding 4,600 new customers. The completion of another 22 pending acquisitions is expected to add nearly 58,400 new customers. New rates effective since Jan.1, 2026, will increase 2026 annual revenues by $89 million. As of April 30, 2026, the pending rate cases, if approved without any changes, are projected to increase revenues by another $518 million. American Water Works’ cash and cash equivalents amounted to $137 million as of March 31, 2026, compared with $98 million as of Dec. 31, 2025. Total long-term debt was $12.77 billion as of March 31, 2026, down 0.09% from $12.78 billion as of Dec. 31, 2025. In first-quarter 2026, cash flow from operating activities was $305 million compared with $331 million in the year-ago period. On April 21, 2026, American Water Works stated that its merger with Essential Utilities, Inc. had received its first regulatory approval from the Kentucky Public Service Commission. American Water Works affirmed its 2026 EPS guidance in the range of $6.02-$6.12. The Zacks Consensus Estimate of $6.09 lies near the high end of the company’s guided range. AWK plans to invest $3.7 billion in 2026. The company still expects its long-term EPS and dividend growth to be 7-9% and rate-based g...