American States Water Co. Bottom Line Rises In Q2

(RTTNews) - American States Water Co. (AWR) announced a profit for its second quarter that climbed from the same period last year.

The company's bottom line came in at $26.58 million, or $0.72 per share. This compares with $25.62 million, or $0.69 per share, in last year's second quarter.

Analysts had expected the company to earn $0.69 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.9% to $128.41 million from $121.28 million last year.

American States Water Co. earnings at a glance:

-Earnings (Q2): $26.58 Mln. vs. $25.62 Mln. last year. -EPS (Q2): $0.72 vs. $0.69 last year. -Analysts Estimate: $0.69 -Revenue (Q2): $128.41 Mln vs. $121.28 Mln last year.