American States Water Earnings Preview: Can This Streak Continue?

American States Water (NYSE:AWR) will report earnings before markets open on Friday, May 10th. American States Water Company purchases, produces, distributes, and sells water. The Company also distributes electricity in one community. American States operates within various customer service areas in California.

Here is your Cheat Sheet to American States Water Earnings:

Earnings Expectations: Analysts expect earnings of $0.51 per share on revenues of $105.80 million. Currently, the company’s P/E ratio stands at 19.46.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.75 to a profit $0.83. For the current year, the average estimate is a profit of $2.74, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how American States Water has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 318.72 353.25 399.78 419.91 466.91
Diluted EPS ($) 1.26 1.62 1.77 2.43 2.82

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 96.07 106.65 114.31 133.52 112.43
Diluted EPS ($) 0.3550 0.53 0.79 0.97 0.5302

Past Performance:
American States Water has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]