American States Water Company AWR reported third-quarter 2020 operating earnings of 72 cents per share, which missed the Zacks Consensus Estimate of 75 cents by 4%. Also, the bottom line improved 4.3% from year-ago quarter’s adjusted earnings of 69 cents.Total RevenuesOperating revenues of $133.7 million missed the Zacks Consensus Estimate of $136 million by 1.7%. Also, the top line dipped 0.6% from $134.5 million in the prior-year quarter. Total revenues decreased primarily due to lower revenues in Electric and Contracted services segments.American States Water Company Price, Consensus and EPS Surprise American States Water Company price-consensus-eps-surprise-chart | American States Water Company QuoteOperational UpdateIn the quarter under review, American States Water’s total operating expenses were $93.9 million, up 2.3% year over year.Operating income was $39.8 million, down 6.8% year over year.Interest expenses were $6.2 million, down 1.9% year over year. Also, interest income was $0.3 million, down from $0.8 million in the prior-year quarter.Segment DetailsEarnings in the Water segment were 57 cents, up from 53 cents in the prior-year quarter.Earnings in the Electric segment of 4 cents were up from 3 cents in the year-ago quarter.Earnings in the Contracted Services segment were 10 cents, down from 12 cents in the year-ago quarter.Financial UpdateAs of Sep 30, 2020, American States Water’s cash and cash equivalents were $8.1 million compared with $1.3 million as of Dec 31, 2019.As of Sep 30, 2020, the company’s long-term debt wa s$440.3 million, up from $281 million as of Dec 31, 2019.Zacks RankAmerican States Water currently has a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Upcoming ReleasesAmerican Water Works Company, Inc. AWK will post third-quarter 2020 earnings on Nov 4, 2020. The Zacks Consensus Estimate is pegged at $1.38 per share.California Water Service Group CWT will post third-quarter 2020 earnings on Nov 6, 2020. The Zacks Consensus Estimate is pegged at $1.14 per share.Consolidated Water Co. Ltd. CWCO will post third-quarter 2020 earnings on Nov 10, 2020. The Zacks Consensus Estimate is pegged at 15 cents per share.Legal Marijuana: An Investor’s DreamImagine getting in early on a young industry primed to skyrocket from $17.7 billion in 2019 to an expected $73.6 billion by 2027. Although marijuana stocks did better as the pandemic took hold than the market as a whole, they’ve been pushed down. This is exactly the right time to get in on selected strong companies at a fraction of their value before COVID struck. Zacks’ Special Report, Marijuana Moneymakers, reveals 10 exciting tickers for urgent consideration.Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American States Water Company (AWR): Free Stock Analysis Report American Water Works Company, Inc. (AWK): Free Stock Analysis Report California Water Service Group (CWT): Free Stock Analysis Report Consolidated Water Co. Ltd. (CWCO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research