American States Water Company AWR is scheduled to release third-quarter 2026 results on Nov. 4, after market close. The company delivered an earnings surprise of 17.20% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
Factors That Are Likely to Have Impacted AWR’s Q3 Performance
American States Water’s third-quarter earnings are expected to have benefited from higher water rates at its Golden State Water Company subsidiary and continued recovery of infrastructure investments. Water and electric rate increases implemented in previous quarters, along with additional revenues from completed capital projects, are likely to have supported the company’s revenues and profitability in the to-be-reported quarter.
Favorable water consumption trends and reduced reliance on purchased water may have boosted the company’s operating margins. However, fluctuations in water demand, changes in the water supply mix and higher per-unit supply costs may have affected earnings in the to-be-reported quarter.
Increased construction activity and higher management fee revenues from its contracted services business are likely to have supported earnings in the third quarter.
However, rising operating and interest expenses may have offset some of these benefits in the to-be-reported quarter.
Q3 Expectations for AWR
The Zacks Consensus Estimate for earnings is pegged at $1.09 per share, which implies a year-over-year rise of 2.8%.
What Our Quantitative Model Predicts for AWR
Our proven model does not conclusively predict an earnings beat for American States Water this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.
American States Water Company Price and EPS Surprise
American States Water Company Price and EPS Surprise
American States Water Company price-eps-surprise | American States Water Company Quote
Earnings ESP: The company’s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Currently, American States Water carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to Consider
Investors may consider the following players from the same sector, as these have the right combination of elements to post an earnings beat this reporting cycle.
Duke Energy Corporation DUK is slated to report its third-quarter 2026 results on Nov. 5, before market open. It has an Earnings ESP of +1.07% and a Zacks Rank of 3 at present.
DUK’s long-term (three to five years) earnings growth rate is 6.38%. The Zacks Consensus Estimate for earnings is pegged at $1.87 per share, which suggests a year-over-year rise of 3.3%.
The Southern Company SO is set to report its third-quarter 2026 results on Nov. 5, before market open. It has an Earnings ESP of +0.84% and a Zacks Rank of 3 at present.
SO’s long-term earnings growth rate is 8.28%. The Zacks Consensus Estimate for earnings stands at $1.71 per share, which calls for a year-over-year jump of 6.9%.
New Jersey Resources Corporation NJR is slated to report its fourth-quarter fiscal 2026 results on Nov. 18, after market close. It has an Earnings ESP of +2.85% and a Zacks Rank of 3 at present.
NJR’s long-term earnings growth rate is 5%. The Zacks Consensus Estimate for earnings stands at 12 cents per share.
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
