American States Water Company (NYSE:AWR) Q1 2022 Earnings Conference Call May 3, 2022 2:00 PM ET
Company Participants
Bob Sprowls - President & Chief Executive Officer
Eva Tang - Senior Vice President of Finance & Chief Financial Officer
Conference Call Participants
Angie Storozynski - Seaport
Jonathan Reeder - Wells Fargo
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the American States Water Company Conference Call discussing the company's First Quarter 2022 Results. This call is being recorded. And if you would like to listen to the replay of this call, it will begin this afternoon at approximately 5 P.M. Eastern Time and run through until Tuesday, May 10, 2022 on the company's website at www.aswater.com. The slides that the company will be referring to are also available on the website. After today's presentation, there will be time for a question-and-answer session. [Operator Instructions] Today's call will be limited to an hour.
Presenting today from American States Water Company is Bob Sprowls, President and Chief Executive Officer; and Eva Tang, Senior Vice President of Finance and Chief Financial Officer.
As a reminder, certain matters discussed during this conference call may be forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Please review a description of the company's risks and uncertainties in our most recent Form 10-K and Form 10-Q on file with the Securities and Exchange Commission.
In addition, this conference call will include a discussion of certain measures that are not prepared in accordance with Generally Accepted Accounting Principles or GAAP in the United States and constitute non-GAAP financial measures under SEC rules. These non-GAAP financial measures are derived from consolidated financial information, but are not presented in our financial statements that are prepared in accordance with GAAP. For more details, please refer to the press release.
At this time, I will turn the call over to Bob Sprowls, President and Chief Executive Officer of American States Water Company.
Bob Sprowls
Thank you, Joe, and welcome everyone, and thank you for joining us today. I'll begin with some brief comments on the quarter. Eva will then discuss some financial details and then I'll wrap it up with some further thoughts on the quarter, updates on regulatory filings, California's drought condition, ASUS, dividends, and then we'll take your questions.
This was an unique quarter with earnings per share coming in lower than the first quarter last year due to timing issues with receiving a final decision from the California Public Utilities Commission or CPUC on our water general rate case at Golden State Water. Eva will discuss these results in detail.