Investing.com - American States Water reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
American States Water announced earnings per share of $0.69 on revenue of $134.98M. Analysts polled by Investing.com EPS of $0.74 on revenue of $156M.
American States Water 's are down 5.02% and is trading at $89.08 , still down 14.16% from its 52 week high of $103.77 set on Friday, December 31, 2021.
American States Water follows other major Utilities sector earnings this month
American States Water's report follows an earnings beat by NextEra Energy on Friday, October 28, 2022, who reported EPS of $0.85 on revenue of $6.72B, EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday with third quarter EPS of $1.78 on revenue of $7.97B, for EPS of $1.84 on revenue of $7,388M.
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