American Water Works Company, Inc. (NYSE:AWK) Q1 2024 Results Conference Call May 2, 2024 9:00 AM ET Company Participants Aaron Musgrave - Vice President of Investor Relations Susan Hardwick - President and CEO Cheryl Norton - EVP and Chief Operating Officer John Griffith - EVP and CFO Conference Call Participants Richard Sunderland - JPMorgan Angie Storozynski - Seaport Gregg Orrill - UBS Aditya Gandhi - Wolfe Research Operator Good morning. And welcome to American Water's First Quarter 2024 Earnings Conf ...

American Water Works Company (AWK) posted first-quarter 2024 operating earnings per share (EPS) of 95 cents, which lagged the Zacks Consensus Estimate of 99 cents by 4.1%. However, the bottom line improved 4.4% from the year-ago quarter's earnings of 91 cents.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 production and employee-related costs, and higher financing costs to fund the capital inves ...

Exhibit 99.1 Press Release May 1, 2024 Investor Contact: Aaron Musgrave Vice President, Investor Relations 856-955-4029 aaron.musgrave@amwater.com Media Contact: Maureen Duffy Senior Vice President, Communications and External Affairs 856-955-4163 maureen.duffy@amwater.com AMERICAN WATER REPORTS SOLID FIRST QUARTER 2024 RESULTS AFFIRMS 2024 EPS GUIDANCE AND LONG-TERM GROWTH TARGETS • First quarter 2024 earnings were $0.95 per share, compared to $0.91 per share in 2023; results as expected • 2024 earnings pe ...

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, 2024 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 Delaware 51-0063696 (State or other jurisdiction of incorporation or organization) (I.R.S ...

Investors are always looking for stocks that are poised to beat at earnings season and American Water Works Company, Inc. (AWK) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because American Water is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible ...

American Water Works (AWK) is set to report first-quarter 2024 earnings on May 1, after market close. The Zacks Consensus Estimate for earnings is pegged at 99 cents per share on revenues of $0.95 billion. The top-line and bottom-line estimates suggest a decline of 1.3% and 8.8%, respectively, from a year ago.Per our proven model, stocks with a combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increase the chance of an earnings beat. This is exactly the case here.A ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider American Water Works (AWK) . This company, which is in the Zacks Utility - Water Supply industry, shows potential for another earnings beat.This water utility has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two qua ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by it ...

Investors with an interest in Utility - Water Supply stocks have likely encountered both Primo (PRMW) and American Water Works (AWK) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores h ...

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