earnings
confidence high
sentiment positive
materiality 0.75
American Water Q3 EPS $1.80 beats year-ago $1.66; initiates 2025 guidance $5.65-$5.75
American Water Works Company, Inc.
2024-Q3 EPS reported
$4.17
revenue$3,475,000,000
- Q3 2024 EPS $1.80 vs $1.66 YoY; YTD EPS $4.17 vs $4.03.
- 2024 EPS guidance affirmed at $5.25-$5.30 weather-normalized; 2025 guidance initiated $5.65-$5.75 (incl. $0.10 HOS interest).
- Long-term EPS & dividend CAGR reaffirmed at 7-9%; 2025-2029 capex plan $17-$18B.
- Completed $230M acquisition of Butler Area Sewer Authority wastewater assets, adding ~15k customer connections.
- No weather impact QoQ; YTD weather impact net unfavorable $0.04.