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 anticipated EPS of $0.74 on revenue of $156M.
American States Water shares are down 5.02% from the beginning of the year and are trading at $89.08 , down-from-52-week-high.
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, compared to forecasts 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, compared to forecast for EPS of $1.84 on revenue of $7,388M.
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