American States Water reports Q3 2026 earnings with modest EPS and revenue, confirms $1 billion capital plan

American States Water Co. posted third‑quarter 2026 earnings of $1.06 per share on revenue of $192.5 million. Adjusted EPS was also $1.06, flat year‑over‑year. The company reaffirmed its $1 billion capital‑investment program and disclosed $31 million of new government‑funded projects for its contracted‑services segment. Dividend growth was announced at 8.2% for the quarter.

The results were slightly below analysts’ $1.08 EPS forecast, indicating modest earnings momentum (the company’s own release says EPS was $1.06). The dividend increase and continued capital spending support the utility’s long‑term rate‑base growth, which may affect dividend‑focused investors.

  • 1Reported earnings per share for Q3 2026 were $1.06.
  • 2Quarterly revenue was $192.5 million.
  • 3Adjusted EPS for the quarter was $1.06, flat year‑over‑year.
  • 4The company reaffirmed a $1 billion capital‑investment plan for the 2028‑2030 rate cycle.
  • 5ASUS segment secured $31 million in new government‑funded projects for the nine months ended September 30, 2026.
  • 6A dividend increase of 8.2% was announced for the quarter.

Sources