StockWatch
·
Water Supply
Quarterly ResultAug 5, 2026, 04:33 PM

American States Water Q2 Net Income +28.45% to $43.27M; EPS $1.10

AI Summary

American States Water Company reported strong second-quarter 2026 results, with consolidated net income increasing by 28.45% to $43.27 million and basic earnings per share rising to $1.10. Total operating revenues grew by 11.18% to $181.29 million. For the first six months of 2026, consolidated net income increased by 20.96% to $73.22 million, and the company paid a quarterly dividend of $0.5040 per common share.

Key Highlights

  • Q2 2026 consolidated net income increased 28.45% to $43.27 million.
  • Q2 2026 basic EPS rose 26.44% to $1.10.
  • Q2 2026 consolidated operating revenues grew 11.18% to $181.29 million.
  • Six-month 2026 consolidated net income increased 20.96% to $73.22 million.
  • Six-month 2026 consolidated operating revenues rose 12.67% to $350.48 million.
  • Quarterly dividend paid per common share was $0.5040.
  • Long-term debt decreased to $717.74 million from $782.70 million.
  • Capital expenditures for six months were $97.56 million.