Investing.com - American States Water reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
American States Water announced earnings per share of $0.69 on revenue of $134.98M. Analysts polled by Investing.com anticipated EPS of $0.74 on revenue of $156M.
American States Water shares are down 5.02% from the beginning of the year and are trading at $89.08 , down-from-52-week-high.
American States Water follows other major Utilities sector earnings this month
American States Water's report follows an earnings beat by NextEra Energy on October 28, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday with third quarter EPS of $1.78 on revenue of $7.97B, compared to forecast for EPS of $1.84 on revenue of $7,388M.
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