AWK News

Stocks

Headlines

American Water Works Earnings Beat Estimates in Q4

American Water Works Company, Inc. reports strong Q4 results. The earnings totaled $239 million, or $1.22 per share, surpassing estimates and reflecting a solid year-over-year growth.

Date: 
AI Rating:   8
Profit and Earnings Growth
The report highlights that American Water Works achieved a profit of $239 million for the fourth quarter, which is an increase from $171 million in the same period last year. This signals a healthy growth trajectory for the company.

Earnings Per Share (EPS)
The reported EPS is $1.22, up from $0.88 the previous year. Notably, this exceeded analysts' expectations of $1.12 per share, reflecting strong operational performance.

Revenue Growth
The revenue for the quarter rose by 16.4%, reaching $1.201 billion compared to $1.032 billion in the previous year. This positive trend in revenue indicates the company's successful efforts in increasing sales.

Conclusion