Tag Archives: American Water Works Company

American Water Works (AWK) 23Q3 Update

AWK reported 23Q3 EPS of $1.44, up from $1.63 in 22Q3 and my estimate of $1.61.  This quarter’s results included a $0.04 benefit from warm, dry weather.  22Q3’s weather benefit was $0.06.  Operating revenues increased 7.9% to $1.17 billion.  Billed … Continue reading

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American Water Works 23Q2 Update

AWK reported 23Q2 EPS of $1.44, up from $1.20 in 22Q2 and my estimate of $1.18.  This quarter’s results included a $0.07 benefit from warm, dry weather.  Operating revenues increased 17.1% to $1.1 billion.  Billed water service volumes increased 3.7%, … Continue reading

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American Water Works (AWK) 23Q1 Update

AWK reported 23Q1 EPS of $0.91, compared with $0.87 in 22Q1 and my estimate of $0.83.  Operating revenues increased 11.4% to $938 million.  Billed water service volumes increased 0.4%, with gains among industrial and commercial customers more than offsetting a … Continue reading

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American Water Works (AWK) 22Q4 Update

AWK reported 22Q4 EPS of $0.81, compared with $3.56 in 21Q4 (or $0.86 excluding a $2.70 gain for the sale of the Homeowner Services (HOS) business).  Operating revenues decreased 2.1% to $931 million.  Besides the sale of HOS, 22Q4’s lower … Continue reading

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American Water Works (AWK) 22Q3 Update

AWK reported 22Q3 EPS of $1.63, up 6.5% from $1.53 in 21Q3 and above my estimate of $1.52.  Operating revenues decreased 0.9% to $1.08 billion, as regulatory rate increases were more than offset by lost revenues from the sales of … Continue reading

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American Water Works (AWK) 22Q2 Update

American Water Works Company (AWK) reported 22Q2 EPS of $1.20, up 5% from $1.14 in 21Q2.  Operating revenues decreased 6.2% to $937 million, mostly due to the sale of the Homeowner Services (HOS) and New York American Water (NYAM) businesses, … Continue reading

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American Water Works 21Q2 Update

2021 Second Quarter Results in Line with Expectations. Maintaining Neutral Rating. AWK reported 21Q2 EPS of $1.14, up 17.5% from 20Q2.  Operating revenues increased  7.3% to $999 million.  Operating income rose 5.4% to $330 million.  Operating margin eased 60 bp … Continue reading

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