American States Water Co. Reveals Rise In Q4 Income, Beats Estimates

(RTTNews) - American States Water Co. (AWR) reported earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $28.44 million, or $0.75 per share. This compares with $20.43 million, or $0.55 per share, last year.

Analysts on average had expected the company to earn $0.63 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 14.3% to $143.10 million from $125.18 million last year.

American States Water Co. earnings at a glance (GAAP) :

-Earnings: $28.44 Mln. vs. $20.43 Mln. last year. -EPS: $0.75 vs. $0.55 last year. -Revenue: $143.10 Mln vs. $125.18 Mln last year.