American States Water Company (NYSE:AWR) has announced its earnings for the third quarter of 2026, reporting a consistent earnings per share (EPS) of $1.06. This result matches the EPS reported during the same period in 2025, indicating stability in the company's financial performance.

The earnings report, filed on November 4, 2026, highlights that while the EPS remained unchanged, there was a $0.05 increase on an adjusted basis. This adjustment reflects the company's ongoing efforts to adapt to market conditions and maintain profitability.

In the filing, American States Water noted that the third quarter results were impacted by a $0.05 per share unfavorable variance in retirement plan asset returns due to market volatility. Despite this, the company reported an 11.0% increase in year-to-date EPS compared to the same period in 2025, demonstrating strong operational performance.

The company is on track to invest between $185 to $220 million in capital infrastructure throughout 2026, which is crucial for maintaining and improving its water supply services. Additionally, American States Water's contracted services business is projected to contribute between $0.63 to $0.67 per share for the full year 2026, bolstering the company's overall earnings.

American States Water's press release emphasized that the regulated utilities are benefiting from new customer rate increases approved by the California Public Utilities Commission (CPUC). This regulatory support is essential for the company's growth and investment plans.

Furthermore, the company reported an 8.2% increase in its quarterly dividend, which reflects a compound annual growth rate of 8.4% over the last five years. This consistent dividend growth is a positive signal to investors, showcasing the company’s commitment to returning value to its shareholders.

Looking ahead, American States Water is focused on executing its capital investment plans and expanding its contracted services. The company has already secured approximately $31 million in new construction projects, expected to be completed by 2029. This proactive approach positions American States Water well for future growth in the competitive water supply industry.

Details were not available in the SEC filing regarding any upcoming votes or additional filings, but the company remains committed to transparency and investor communication.