American States Water Co. Profit Rises In Q1

American States Water Co. (AWR) revealed earnings for its first quarter that rose from the same period last year.

The company's bottom line came in at $19.27 million, or $0.52 per share. This compares with $14.07 million, or $0.38 per share, in last year's first quarter.

Analysts had expected the company to earn $0.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.3% to $117.06 million from $109.08 million last year.

American States Water Co. earnings at a glance:

-Earnings (Q1): $19.27 Mln. vs. $14.07 Mln. last year.
-EPS (Q1): $0.52 vs. $0.38 last year.
-Analysts Estimate: $0.45
-Revenue (Q1): $117.06 Mln vs. $109.08 Mln last year.

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