American Water Works pany(AWK)

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Reasons to Add American Water Works Stock to Your Portfolio Right Now
ZACKS· 2025-06-19 12:21
Key Takeaways American Water Works' 2025 EPS is expected to be $5.71 and sales are anticipated to be $4.85B. AWK added 69,500 customers via 13 acquisitions in 2024 and has 18 more pending as of April 30, 2025. AWK's 10.35% ROE and 2.35% dividend yield outpace sector averages, reflecting efficient capital use.American Water Works (AWK) continues to benefit from organic growth as well as acquisitions. Consistent returns from AWK's military contracts are contributing to its top-line performance. Given its gr ...
American Water Works' Subsidiary Acquires Mesa Del Sol Water System
ZACKS· 2025-05-22 13:31
American Water Works’ (AWK) subsidiary, California American Water, has completed its acquisition of the Mesa Del Sol water system in the Corral de Tierra area of Salinas. The acquisition adds 15 new water connections to the company’s current customer base, which already includes approximately 40,000 connections on the Monterey Peninsula and other parts of Monterey County.The system was acquired after an effort to physically connect the Mesa del Sol system to the Toro Park system of California American Water ...
American Water Q1 Earnings Top Estimates on Effective New Rates
ZACKS· 2025-05-01 16:00
Core Viewpoint - American Water Works Company (AWK) reported strong first-quarter 2025 results, with operating earnings per share (EPS) of $1.05, exceeding estimates and showing a year-over-year improvement of 10.5% from $0.95 [1] Financial Performance - Total revenues for the quarter reached $1.14 billion, surpassing the Zacks Consensus Estimate of $1.02 billion by 11% and increasing 12.9% from $1.01 billion in the previous year [2] - Operating expenses totaled $771 million, up 12.6% from $685 million a year ago, primarily due to increased operating and maintenance costs [4] - Operating income was reported at $371 million, reflecting a 13.8% increase from $326 million in the prior year [4] Segment Performance - Net revenues from regulated businesses were $1.04 billion, marking a 13% year-over-year increase [3] - Other net revenues amounted to $93 million, up 12% year over year [3] Growth Initiatives - The company added 2,150 customers through three completed acquisitions as of April 30, 2025, with 18 pending acquisitions expected to add 37,400 customers [5] - New rates effective January 1, 2025, are projected to increase revenues by $161 million for the full year, with potential additional revenue of $384 million from pending rate cases [5] Financial Position - Cash and cash equivalents stood at $114 million as of March 31, 2025, compared to $96 million at the end of 2024 [6] - Total long-term debt increased to $13.32 billion, up 6.4% from $12.51 billion at the end of 2024 [6] - Cash flow from operating activities was $331 million, down from $382 million in the same period last year [6] Long-Term Guidance - AWK reiterated its 2025 EPS guidance of $5.65-$5.75, with a Zacks Consensus Estimate of $5.72 [7] - The company aims for long-term earnings and dividend growth in the range of 7-9% and plans to invest approximately $3.3 billion in 2025 [7] - Capital expenditure is projected to be between $17-$18 billion for 2025-2029 and $40-$42 billion for 2025-2034 [8]
American Water Works pany(AWK) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:00
American Water Works Company (AWK) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Speaker0 Good morning, and welcome to American Water's First Quarter twenty twenty five Earnings Conference Call. As a reminder, this call is being recorded and is also being webcast with the company's slide presentation through the company's Investor Relations website. The audio webcast archive will be available for one year on American Water's Investor Relations website. I would now like to introduce your host for today's ca ...
American Water Works pany(AWK) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:00
American Water Works Company (AWK) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Company Participants Aaron Musgrave - Vice President of Investor RelationsJohn Griffith - PresidentDavid Bowler - Executive VP & CFOCheryl Norton - Executive VP & COOM. Susan Hardwick - CEOAnthony Crowdell - Managing DirectorPaul Zimbardo - Managing Director Conference Call Participants Richard Sunderland - AnalystGregg Orrill - Analyst Operator Good morning, and welcome to American Water's First Quarter twenty twenty five Ear ...
American Water Works (AWK) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-04-30 22:41
American Water Works (AWK) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.96%. A quarter ago, it was expected that this water utility would post earnings of $1.13 per share when it actually produced earnings of $1.22, delivering a surprise of 7.96%.Over the last four quarters, the ...
American Water Works pany(AWK) - 2025 Q1 - Earnings Call Presentation
2025-04-30 21:48
2025 First Quarter Earnings Conference Call May 1, 2025 Aaron Musgrave Vice President, Investor Relations Safe Harbor This presentation includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. They are not guarantees or assurances of any outcomes, financial results, levels of activity, performance or achievements, and readers are cautioned not to place undue reliance upon them. The forward-lo ...
American Water Works pany(AWK) - 2025 Q1 - Quarterly Results
2025-04-30 20:31
Exhibit 99.1 April 30, 2025 Investor Contact: Aaron Musgrave Vice President, Investor Relations 856-955-4029 aaron.musgrave@amwater.com Media Contact: "The company has delivered solid first quarter results and we are affirming our long-term targets for both earnings and dividend growth at 7 to 9 percent based upon our clear capital growth plan, and strong regulatory and operational execution, which are all key to delivering safe, clean, reliable and affordable services to our customers," said John Griffith, ...
American Water Works pany(AWK) - 2025 Q1 - Quarterly Report
2025-04-30 20:26
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 001-34028 AMERICAN WATER WORKS COMPANY, INC. (Exact name of registrant as specified in its charter) ...
Recession-Resistant Stocks: What Stocks Should Hold Up Best During a Recession?
The Motley Fool· 2025-04-28 13:23
These stocks held up well during the Great Recession from 2007 to 2009 and could do so again in the next recession. The risk has been increasing that the United States will have a recession in 2025 or within the next year, according to top Wall Street firms and economists. Recession risk has risen sharply over the last few months, largely due to the trade war and the potential for tariffs to hurt U.S. (and global) economic growth and ignite inflation. Below I'll explore the current probability of a near-ter ...