American States Water Company Announces Third Quarter 2026 Results

What happened

American States Water reported third-quarter 2026 basic and diluted earnings of $1.06 per share, unchanged from the same period in 2025. Excluding investment gains and losses tied to a retirement plan, adjusted diluted earnings rose to $1.06 from $1.01 per share, while approved California customer rate increases supported results.

Confirmed

Global impact / market context

The results show how investment swings can obscure operating progress: retirement-plan investments reduced the year-over-year comparison, while adjusted earnings increased. Approved customer rate increases can lift revenue at regulated utilities, although the article gives no amount for their contribution or for related costs.

Analyst inference

Investors can distinguish reported earnings from the company’s adjusted figure, which removes retirement-plan investment gains and losses. In this quarter, reported earnings were flat year over year, while adjusted earnings improved; the supplied article provides no share-price response or broader industry comparison.

Analyst inference

What to watch

1. Look for the next results to show whether adjusted earnings continue rising and whether reported earnings are again affected by investment gains or losses in the retirement plan. Analyst inference
2. Watch for details on the contribution of California’s approved customer rate increases, including their effect on utility revenue and operating costs. Analyst inference
3. The article says AWR completed an at-the-market offer on June 12, 2026, but the supplied text ends before giving its size or terms. Confirmed

Evidence

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