American States Water (NYSE: AWR ) is expected to report Q2 earnings on Aug. 6. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict American States Water's revenues will expand 0.8% and EPS will decrease -7.4%.
The average estimate for revenue is $110.7 million. On the bottom line, the average EPS estimate is $0.63.
Last quarter, American States Water logged revenue of $106.6 million. GAAP reported sales were 13% higher than the prior-year quarter's $94.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.53. GAAP EPS of $0.53 for Q1 were 33% higher than the prior-year quarter's $0.40 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 61.3%, 410 basis points worse than the prior-year quarter. Operating margin was 21.9%, 280 basis points better than the prior-year quarter. Net margin was 9.5%, 150 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $439.9 million. The average EPS estimate is $2.31.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 129 members out of 135 rating the stock outperform, and six members rating it underperform. Among 29 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 28 give American States Water a green thumbs-up, and one gives it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on American States Water is outperform, with an average price target of $41.00.
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