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What Does Wall Street See for American States Water's Q1?

By Seth Jayson - Updated Apr 10, 2017 at 1:25PM

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Checking expectations

American States Water (NYSE: AWR) is expected to report Q1 earnings on May 10. 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 contract -0.8% and EPS will drop -3.8%.

The average estimate for revenue is $105.8 million. On the bottom line, the average EPS estimate is $0.51.

Revenue details
Last quarter, American States Water booked revenue of $111.5 million. GAAP reported sales were 17% higher than the prior-year quarter's $96.1 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.53. GAAP EPS of $0.53 for Q4 were 51% higher than the prior-year quarter's $0.35 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 49.8%, 530 basis points worse than the prior-year quarter. Operating margin was 19.2%, 300 basis points better than the prior-year quarter. Net margin was 9.2%, 220 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $481.2 million. The average EPS estimate is $2.76.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 138 members out of 144 rating the stock outperform, and six members rating it underperform. Among 31 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 30 give American States Water a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on American States Water is hold, with an average price target of $44.00.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis – even one of our own – helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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Stocks Mentioned

American States Water Company Stock Quote
American States Water Company
AWR
$95.82 (-0.02%) $0.02

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