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 ...

Critical resources are in the spotlight for controversial reasons, which may offer downwind benefits for water stocks to buy now. Essentially, the world is becoming a much more dangerous place, resulting in a pivot toward risk-off asset categories.While that doesn’t necessarily mean water stocks to buy now present zero risks, the pertinence is obvious. Yes, gold and crude oil dominate the headlines, given the recent rumblings in the geopolitical realm. However, there’s no more precious resource than water. ...

Water utilities work day in and day out to ensure an uninterrupted supply of clean, potable water and reliable sewer services to millions of customers in the United States. These are essential for healthy and hygienic living.The aging of pipelines is concerning but water utilities continue with their upgrade and maintenance projects to minimize disruptions in operations. American Water Works Company (AWK) , with its widespread operations, provides services to domestic customers and military bases and offers ...

American Water Works (AWK) has announced that its unit, California American Water, has invested $3.3 million in Cottage Way Well Project, which is now operational. This new well project replaces an aging well, over 60 years old, that was taken out of service. Cottage Way well meets and surpasses all drinking water quality standards.Aging of essential water and wastewater infrastructure is a big concern for the water utility companies. Few more wells in California American Water’s service territories have al ...

American Water Works Company Inc.’s (AWK) planned capital investment in infrastructure will allow the company to provide quality services to its expanding customer base. Given its growth prospects and strong ROE, AWK makes for a solid investment option in the utility sector.Let’s focus on the factors that make this currently Zacks Rank #2 (Buy) company a strong investment pick at the moment.Growth ProjectionsThe Zacks Consensus Estimate for American Water Works’ 2024 EPS has increased 0.96% to $5.22 per sha ...