WASHINGTON (dpa-AFX) - American States Water Co. (AWR) reported earnings for fourth quarter that dropped from last year.
The company said its bottom line fell to $11.61 million, or $0.31 per share. This was lower than $13.51 million, or $0.35 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 0.2% to $110.12 million. This was up from $109.88 million last year.
American States Water Co. earnings at a glance:
-Earnings (Q4): $11.61 Mln. vs. $13.51 Mln. last year. -Earnings Decline (Y-o-Y): -14.1% -EPS (Q4): $0.31 vs. $0.35 last year. -EPS Decline (Y-o-Y): -11.4% -Analysts Estimate: $0.30 -Revenue (Q4): $110.12 Mln vs. $109.88 Mln last year. -Revenue Change (Y-o-Y): 0.2%
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