American States Water Co. Q1 Income Climbs, Beats Estimates

(RTTNews) - American States Water Co. (AWR) announced a profit for its first quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $26.84 million, or $0.70 per share. This compares with $23.13 million, or $0.62 per share, last year.

Analysts on average had expected the company to earn $0.67 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 9.4% to $148.013 million from $135.251 million last year.

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

-Earnings: $26.84 Mln. vs. $23.13 Mln. last year. -EPS: $0.70 vs. $0.62 last year. -Revenue: $148.013 Mln vs. $135.251 Mln last year.