Post-earnings recap
Reported
Wed, May 6, 2026
EPS actual
$0.76
EPS est.
$0.77
EPS surprise
-1.30%
1-day move
-0.47%
American States Water Company's earnings report shows a slight miss on EPS, which may raise concerns among investors. The stock reacted negatively, declining by 0.47%. Without additional context from management or guidance, it is difficult to assess the company's outlook moving forward.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.76 | N/A | -1.30% |
| Revenue | N/A | N/A | N/A |
No transcript is on record for the earnings call, and the analysis is based solely on numerical results.
American States Water Company (AWR) is a utility company that provides water and wastewater services in the United States. As a player in the water utilities sector, it plays a crucial role in ensuring access to clean water, which is increasingly important amid growing environmental concerns and population growth.
Last quarter
In the last quarter, American States Water Company reported an EPS of $0.74, which was in line with expectations. The stock reacted negatively, dropping 1.98% the following day.
EPS beat streak
1Q
EPS beat rate
50%
Avg EPS surprise
+3.52%
Avg 1-day reaction
-0.61%
Overall, expectations for AWR are mixed, with no clear analyst estimates available. Investors will be looking for signs of stability in earnings and revenue growth.
Bull case
If AWR can report better-than-expected EPS and demonstrate strong customer growth, it could signal a positive trend for the company, leading to increased investor confidence.
Bear case
Conversely, if the company misses on EPS or shows signs of declining customer numbers, it could raise concerns about its long-term growth prospects, leading to a negative market reaction.
The print will turn on these.
Q1
What will the EPS be for this quarter?
EPS is a critical metric that can influence investor sentiment and stock performance, especially if it deviates significantly from expectations.
Q2
How many new customers were added this quarter?
Customer growth is essential for revenue expansion, and any decline could signal challenges in the company's market position.
—
Est. EPS
$0.01
Est. Rev
$918M
Impl. Move
±9.1%
Why consensus could be wrong
The Street may be underestimating the potential for customer growth due to recent investments in infrastructure and service expansion.
Supporting evidence
Past performance shows that AWR has a history of surprising on the upside when it comes to customer growth.
The options market is pricing in a significant move, suggesting that traders anticipate a more volatile reaction than usual.
Historical data indicates that the company has a 57% beat rate, which could suggest that expectations are set too low.
Key risk
If customer growth exceeds expectations, it could shift the narrative significantly, leading to a reevaluation of the company's growth potential.
Pre-commit to what would confirm each case.
The market is focused on profitability and customer growth, making these metrics pivotal for the company's outlook.
Bull confirmed if
An EPS of $0.80 or higher would confirm the bull case, indicating strong profitability.
Bear confirmed if
An EPS below $0.65 would validate the bear case, suggesting potential issues with profitability.
What the market is pricing for the move.
Implied Move
±4.33%
Historical Avg
±0.9%
The options market is pricing in a significant move of approximately 4.33%, indicating that traders expect volatility around the earnings report.
Options are pricing ±5.3% while AWR has averaged ±0.9% over the last 8 prints — setup is pricing rich.
ATM IV
0.3%
30d HV
28.9%
Smart-money positioning from the most recent 13F filings.
Institutional
82.84%
of float
Insider
0.82%
of float
Holders
501
institutions
Top Holders· as of Dec 2025
Blackrock Inc.
6,969,137 sh · $553.4M
17.78%
2.1%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If AWR beats EPS expectations, history suggests the stock could see a modest positive reaction, confirming a bullish outlook.
In line / cautious
If results are in line with expectations, the stock may remain stable, but cautious commentary could lead to a muted reaction.
Miss
Should AWR miss expectations, history indicates a potential decline in stock price, reflecting investor disappointment.
The lines on the call that would change the story.
Vanguard Group Inc
4,975,947 sh · $395.1M
12.70%
2.4%
Neuberger Berman Group, LLC
2,524,297 sh · $200.5M
6.44%
4.8%
State Street Corporation
2,023,621 sh · $160.7M
5.16%
-2.2%
Morgan Stanley
1,347,240 sh · $107.0M
3.44%
128.8%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.