What move does the options market price into American States Water's report?

Implied ±9.0%, either direction · provisional.

How often does American States Water move more than the options market prices?

0 of the last 8 reports moved at least as far as the implied move.

AWRNYSEWater Supply

American States Water Co (AWR) earnings date, market-implied expected move, and options open interest by expiry

89.45

+0.61 · +0.69%

Regular session14:20 ET

Open89.50Volume307,251Mkt cap$3.5BP/E24.44EPS3.66Div yield2.32%

Day88.96 – 89.5781%52-wk68.14 – 91.9390%

AWR

American States Water Co

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.0%implied · straddle

80.8596.83

spot 88.84exp Mar 19ATM strike 90ATM straddle 9.40IV 22%

Nov 5 closeprovisional

Expected move

Inputs

Next report

Feb 17

after close · in 103 days

est.Q4 FY26

Calendar

Next report

Last report

+0.26%

vs ±5.2% implied · ×0.05

shaded = implied · ▲▼ = realized

Nov 4 '26 · confirmedthin chain

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

+5.62%

shares held · 10 largest managers

13F · Jun 30 '26129d lag

409 managers

Top fund weight

0.10%

AWR weight · IWM

N-PORTJun 30 '26

5 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

American States Water (AWR) is expected to report on Feb 17 after close (estimated date).

Implied vs realized

8 reports

0 of 8≥ implied

avg implied: ±4.3%
avg realized: ±1.0%

Feb 19 '25Feb 19 '25confirmed±2.4%▲+0.97%×0.41

May 7 '25May 7 '25confirmed±3.7%▲+0.90%×0.25

Aug 6 '25Aug 6 '25confirmed±4.3%▲+2.26%×0.52

Q3 FY25Nov 5 '25confirmed±6.1%▲+1.16%×0.19

Feb 18 '26Feb 18 '26confirmed±4.7%▲+0.11%×0.02

Q1 FY26May 6 '26confirmed±3.4%▲+1.32%×0.39

Q2 FY26Aug 5 '26confirmed±4.4%▲+0.86%×0.19

Q3 FY26Nov 4 '26confirmed±5.2%thin chain▲+0.26%×0.05

quarterimplied−10%0+10%realized×

Q3 FY26±5.2%▲+0.26%×0.05

Q2 FY26±4.4%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Nov 3 close

1.65OI · 3 expiries · Nov 3 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

224−1%Nov 2014d3.6162+13%3.61

7410%Dec 1842d1.06702+2%1.06

report · Feb 17 · after close · est.

3200%Mar 19133d1940%

ExpiryPutsCallsP/C

Nov 2014d224−1%62+13%3.61

Dec 1842d7410%702+2%1.06

report · Feb 17 · after close · est.

Mar 19133d3200%

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±9.0%

Funds 4

IWM±0.0%

UWM±0.0%

VIG±0.0%

VT±0.0%

Dashed = straddleMethod 1 more fund Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

21.96%as filednet margin · revenue +6.20% QoQ · +5.37% YoY

Revenue

$193M+6.20% QoQ

Gross profit

$177M+2.96% QoQ

92.15% margin

Operating income

$67M+5.19% QoQ

34.95% margin

Pre-tax income

$57M−1.22% QoQ

Net income

$42M−2.29% QoQ

21.96% margin

Cost of revenue

$15M+68.52% QoQ

Operating expenses

$110M+1.64% QoQ

Other operating $50M

SG&A $38M

Depreciation $13M

Other operating $9M

Other expense

$10M

Tax

$15M+1.98% QoQ

Revenue$193M+6.20%

Gross profit

$177M+2.96%

92.15% margin

Operating income

$67M+5.19%

34.95% margin

Pre-tax income

$57M−1.22%

Net income

$42M−2.29%

21.96% margin

Cost of revenue

$15M+68.52%

Operating expenses

$110M+1.64%

Other operating $50M

SG&A $38M

Depreciation $13M

Other expense

$10M

Tax$15M+1.98%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 5 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 14:15 ET

Intraday

Event sensitivity

FOMC ×1.32· ±1.3% vs ±1.0% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.3%9 of 24×1.32

PPIproducer prices±1.1%5 of 10×1.12

NFPjobs report±1.1%6 of 10×1.12

PCEpersonal income & outlays±1.0%13 of 19×0.95

GDPgross domestic product±0.9%9 of 19×0.86

CPIconsumer prices±0.8%4 of 10×0.78

CPROFcorporate profits±0.8%6 of 12×0.77

Bar = avg |move| to ±2% · tick = ±1.0% avg day · ×base = |move| ÷ ±1.0% · min 6 releases

Earnings history

EPS 1.06 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Nov 4 '26 · confirmed	1.06	—
Q2 FY26	Aug 5 '26 · confirmed	1.09	—
Q1 FY26	May 6 '26 · confirmed	0.76	—
Q3 FY25	Nov 5 '25 · confirmed	1.06	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod