American Water Works Company, Inc. is set to report its first-quarter earnings on April 27, with analysts anticipating a positive earnings beat driven by favorable estimate revisions. The latest projections suggest an earnings per share of 76 cents, bolstered by a recent 8.7% increase in its quarterly cash dividend, underscoring the company's commitment to dividend growth. With an earnings guidance of $4.39 to $4.49 per share and a long-term growth forecast of 7-9%, American Water maintains a solid position despite facing challenges like aging infrastructure and supply chain constraints.
“American Water · is the largest · investor-owned water utility · in the state”
“American Water Works · affirmed · 2022 earnings guidance · $4.39-$4.49 per share”
“American Water Works · reiterated · long-term earnings growth · 7-9%”
“American Water · is the largest · publicly traded U.S. water and wastewater utility company”
“American Water · employs · approximately 6,400 professionals”
“American Water · provides services to · an estimated 14 million people · in 24 states”
“American Water Works Company, Inc. · increased · its quarterly cash dividend payment · 8.7 percent”
“Susan Hardwick · said · American Water continues to be an industry leader in dividend growth · true”
“American Water · provides · regulated and regulated-like drinking water and wastewater services · to more than 14 million people in 24 states”
“American Water Works (AWK) · came out with quarterly earnings of · per share · $0.87”
“American Water Works (AWK) · compares to earnings of · per share a year ago · $0.73”
“American Water Works (AWK) · has surpassed consensus EPS estimates · times over the last four quarters · three”