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.
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