Workflow
American Water Works pany(AWK)
icon
Search documents
The 3 Best Water Stocks to Buy in August 2024
Investor Place· 2024-08-12 10:00
It’s an asset and resource that we use everyday and therefore, we become desensitized to its importance. But water really is the golden ticket for the future of global societies and economies. Life on this planet cannot exist without it. And therefore, its management and stewardship are incredibly critical. By logical deduction, investors jittery about present market dynamics should consider the best water stocks to buy.Relevance doesn’t guarantee upside, let me just be clear about that point. Water-related ...
7 Stable Dividend Stocks to Buy Ahead of Uncharted Political Territory
Investor Place· 2024-08-03 10:17
After what seemed like a slam-dunk victory for former President Donald Trump, circumstances in the political realm have become much more exciting. It’s not entirely clear that Vice President Kamala Harris can do enough to change the dynamics of the race to her favor. Still, polling data shows that she’s closing the gap to Trump. And that augurs well for stable dividend stocks.By the next few weeks, who knows? The race could look much different. Given how contentious the entire electoral environment is, one ...
American Water Works: Buy This Dividend Grower Now
Seeking Alpha· 2024-08-02 11:00
Water flowing out of a kitchen sink faucet. Yevhenii Podshyvalov In the disciplines of personal finance and investing, there are many different and constructive opinions about a variety of topics. Since everybody's risk tolerance, investment objectives, and life circumstances are unique, I would argue there is room for these differences of opinion. Still, there are some expressions that I believe apply equally to everybody in the personal finance and investing community. Here is one of them: Rome wasn't bui ...
American Water's (AWK) Q2 Earnings Miss Estimates, Sales Top
ZACKS· 2024-08-01 18:17
American Water Works Company (AWK) posted second-quarter 2024 operating earnings per share (EPS) of $1.42, which lagged the Zacks Consensus Estimate of $1.47 by 3.4%. The bottom line also declined 1.4% from the year-ago quarter's earnings of $1.44.The year-over-year decline in earnings was due to the adverse impact of unfavorable weather in 2024.Total RevenuesTotal quarterly revenues of $1.14 billion surpassed the Zacks Consensus Estimate of $1.07 billion by 7.1%. The top line also increased 4.7% from the y ...
American Water Works pany(AWK) - 2024 Q2 - Earnings Call Transcript
2024-08-01 15:57
American Water Works Company, Inc. (NYSE:AWK) Q2 2024 Earnings Conference Call August 1, 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 Durgesh Chopra - Evercore ISI Richard Sunderland - JPMorgan Paul Zimbardo - Jefferies Angie Storozynski - Seaport Jonathan Reeder - Wells Fargo Securities Aditya Gandhi - Wolfe Research, LLC O ...
American Water Works pany(AWK) - 2024 Q2 - Earnings Call Presentation
2024-08-01 13:11
2024 Second Quarter Earnings Conference Call August 1, 2024 2 Aaron Musgrave Vice President, Investor Relations FORWARD-LOOKING STATEMENTS 3 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 ...
American Water Works (AWK) Q2 Earnings Lag Estimates
ZACKS· 2024-07-31 22:55
American Water Works (AWK) came out with quarterly earnings of $1.42 per share, missing the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.40%. A quarter ago, it was expected that this water utility would post earnings of $0.99 per share when it actually produced earnings of $0.95, delivering a surprise of -4.04%.Over the last four quarters, th ...
American Water Works pany(AWK) - 2024 Q2 - Quarterly Results
2024-07-31 20:31
Exhibit 99.1 Press Release July 31, 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 SECOND QUARTER 2024 RESULTS NARROWS 2024 EPS GUIDANCE TO TOP HALF OF RANGE AFFIRMS LONG-TERM TARGETS ANNOUNCES LEADERSHIP CHANGES • Second quarter 2024 earnings were $1.42 per share, compared to $1.44 per sh ...
American Water Works pany(AWK) - 2024 Q2 - Quarterly Report
2024-07-31 20:27
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 June 30, 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. ...
The Top 3 Utilities Stocks to Buy Now: Summer 2024
Investor Place· 2024-07-31 10:30
Over the past year, the utilities sector has notably lagged behind the overall market. The Utilities Select Sector SPDR Fund (NYSEARCA:XLU) has gained only a modest 6%. This largest utilities ETF underperformed the S&P 500‘s significant 18% increase during the same period.This nonsuccess can be largely attributed to persistently high interest rates. With elevated rates, investors have shifted their focus from utilities to fixed-income securities. An example is government bonds, which tend to offer higher re ...