SAN DIMAS, Calif. (AP) — SAN DIMAS, Calif. (AP) — American States Water Co. (AWR) on Wednesday reported first-quarter profit of $34.4 million.
On a per-share basis, the San Dimas, California-based company said it had net income of 93 cents. Earnings, adjusted for non-recurring gains, were 54 cents per share.
The water and electric utility posted revenue of $161.4 million in the period.
American States Water shares have decreased slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $92.13, a climb of 21% in the last 12 months.
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