American States Water (AWR) Reports Q3 2026 Earnings with Growth in Adjusted EPS
American States Water (AWR) reported third-quarter 2026 results showing consolidated revenue of $192.5 million, up from $182.7 million in the prior-year period. While diluted earnings per share remained flat at $1.06 due to market-driven losses in retirement plan investments, adjusted consolidated EPS rose to $1.06 from $1.01 last year when excluding those investment impacts. The company's water segment saw growth driven by higher authorized rates and capital project recovery, with operating revenues reaching $139.9 million. Management also highlighted a strong dividend track record, marking the 72nd consecutive year of annual increases. Looking ahead, the company is targeting infrastructure investments between $185 million and $220 million for 2026 to support long-term system reliability.
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Topics: earnings report EPS infrastructure investment revenue growth water utility segment