American Water Q1 EPS $0.91 vs $0.87; affirms 2023 guidance $4.72-$4.82

American Water Works Company, Inc.

2023-Q1 EPS reported $0.91 revenue$925,000,000

Net EPS of $0.91, up from $0.87 in Q1 2022; long-term 7-9% EPS and dividend growth targets reaffirmed.
2023 EPS guidance range affirmed at $4.72-$4.82; capital plan on track for ~$2.9B in 2023.
Invested $538M in Q1; completed $1.7B equity issuance from 12.65M shares in March.
Agreed to acquire Towamencin wastewater system (PA) for $104M and Granite City treatment plant (IL) for $83M.
Published 2022 ESG and inclusion, diversity & equity summaries.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

American Water Works Company, Inc. reported the quarter ended March 31, 2023 results: EPS $0.91 per share. Guidance reaffirmed.

Period: the quarter ended March 31, 2023
EPS: $0.91 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

American Water Works Company, Inc. (NYSE: AWK) today reported results for the quarter ended March 31, 2023, of $0.91 per share, compared to $0.87 per share in 2022.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

American Water Works Company, Inc. filing history →

Source: SEC EDGAR

accession 0001410636-23-000065

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