American States Water: Q2 Earnings Snapshot

American States Water: Q2 Earnings Snapshot

Summary : American States Water Co. (AWR) on Monday reported second-quarter profit of $20 million.

On a per-share basis, the San Dimas, California-based company said it had profit of 54 cents. Earnings, adjusted for non-recurring costs, were 71 cents per share. In the final minutes of trading on Monday, shares hit $87.76, a decline of nearly 1% in the last 12 months.

SAN DIMAS, Calif. (AP) _ American States Water Co. (AWR) on Monday reported second-quarter profit of $20 million.

On a per-share basis, the San Dimas, California-based company said it had profit of 54 cents. Earnings, adjusted for non-recurring costs, were 71 cents per share.

The water and electric utility posted revenue of $122.6 million in the period.

American States Water shares have fallen 15% since the beginning of the year. In the final minutes of trading on Monday, shares hit $87.76, a decline of nearly 1% in the last 12 months.This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AWR at https://www.zacks.com/ap/AWR