American States Water's Strong Q1, Trustworthy Ranking

American States Water Company starts 2026 with robust earnings, up 8.6% to $0.76 per share. All segments perform well: water utility at $0.55, electric at $0.08, and contracted services at $0.15. Revenue surges by $21.2 million, driven by new rates and increased construction work. The water segment gains $11.1 million from new rates, electric adds $3.7 million, and ASUS earns $6.4 million more from military base projects. Operating cash flow soars to $71.6 million, up from $45.1 million, due to rate hikes and improved billing. The company tops Newsweeks trustworthy list, with strong rate base growth and infrastructure spending planned at $185-225 million. New rate cases are underway, and dividends rise by 8.5% annually. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8af68b0081376e93