GREENWOOD, Ind.--(BUSINESS WIRE)--The Indiana Utility Regulatory Commission (IURC) yesterday issued an order approving base rate adjustments on a statewide basis for Indiana American Water following a comprehensive 11-month review process. The company’s rate adjustment request, which was filed on March 31, 2023, was driven primarily by approximately $875 million in water and wastewater investments since the last approved rate adjustment, to be made through April 2025, as well as increases in the cost of ...

American Water Works Company, Inc. (NYSE:AWK) Q4 2023 Earnings Conference Call February 15, 2024 9:00 AM ET Company Participants Aaron Musgrave - VP, IR Susan Hardwick - President, CEO John Griffith - EVP, CFO Cheryl Norton - EVP, COO Conference Call Participants Shar Pourreza - Guggenheim Partners Durgesh Chopra - Evercore ISI Angieszka Storozynski - Seaport Julian Dumoulin-Smith - Bank of America Anthony Crowdell - Mizuho Steve Fleishman - Wolfe Research Jonathan Reeder - Wells Fargo Gregg Orrill - UBS Op ...

MECHANICSBURG, Pa.--(BUSINESS WIRE)--Pennsylvania American Water is delighted to announce the launch of the American Water Charitable Foundation 2024 Water and Environment Grant Program. To streamline the grant experience for its community partners, the Foundation has combined Pennsylvania American Water’s former Environmental Grant Program with its Water and Environment Grant Program. This strategic integration will strengthen the Foundation’s charitable focus and impact across American Water’s footprint. ...

Wall Street started 2024 on a high, with the Dow and S&P 500 hitting fresh highs. However, the rally came to a sudden halt on Feb 12 as fresh inflation data dented investors’ confidence and dimmed hopes of a rate cut in March.The Labor Department reported that inflation rose more than expected in January and remained stubbornly high.The consumer price index (CPI) jumped 0.3% in January on a month-over-month basis, higher than the consensus estimate of 0.2%. On a year-over-year basis, CPI increased 3.1% in J ...

American Water Works Company (AWK) posted fourth-quarter 2023 operating earnings per share (EPS) of 88 cents, which surpassed the Zacks Consensus Estimate of 84 cents by 4.8%. The bottom line improved 8.6% from the year-ago quarter's earnings of 81 cents.The company's 2023 EPS was $4.90, up 8.6% from $4.51 reported in 2022.  The year-over-year improvement in earnings was due to favorable impacts of the implementation of new rates in Regulated businesses, offset somewhat by increased operating costs. The res ...

American Water Works (AWK) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.76%. A quarter ago, it was expected that this water utility would post earnings of $1.55 per share when it actually produced earnings of $1.66, delivering a surprise of 7.10%.Over the last four quarters, the ...

CAMDEN, N.J.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK) today reported earnings of $0.88 per share for the fourth quarter 2023 compared to $0.81 per share in 2022, and full year earnings in 2023 of $4.90 per share compared to $4.51 per share in 2022. “American Water once again successfully executed on its strategies and achieved on-plan earnings growth in 2023. We invested a record $2.7 billion in regulated operations, led by infrastructure renewal, and the completion of 23 acquisit ...

Investors with an interest in Utility - Water Supply stocks have likely encountered both Veolia Environnement SA (VEOEY) and American Water Works (AWK) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that ta ...

MECHANICSBURG, Pa.--(BUSINESS WIRE)--In conjunction with Black History Month, celebrating the rich cultural heritage, triumphs and struggles of one the United States’ diverse populations, Pennsylvania American Water today announced the recipients of its annual corporate funding aimed at supporting inclusion, diversity and equity efforts. Charitable donations awarded to 13 organizations across the company’s service territory totaled $36,500. “ Investing in organizations that promote inclusion, diversity and ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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) Delaware 51-006369 ...