Since my previous article, shares of American Water Works have declined 13%. The water utility reaffirmed its long-term diluted EPS growth outlook of 7% to 9% annually. AWK's debt-to-capital ratio remains below its long-term target of 60% or better.
Despite near-term weakness in water supply, companies like AWK, SJW and MSEX are poised to benefit from their strong customer base and systematic investments that enable them to serve customers efficiently.
American Water Works (AWK) reported earnings 30 days ago. What's next for the stock?
If you're looking for dividend growth, these three stocks will probably be of great interest to you in November.
American Water Works Company, Inc. (AWK) Q3 2024 Earnings Call Transcript
AWK's third-quarter revenues are better than expected. AWK continues to gain from accretive acquisitions and continues to invest to strengthen its operation.
American Water Works (AWK) came out with quarterly earnings of $1.80 per share, missing the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $1.66 per share a year ago.
AWK's third-quarter earnings are likely to have gained from the implementation of new rates and a rise in demand from the expanding customer base.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by American Water Works Company, Inc. NEWTOWN, PA / ACCESSWIRE / October 13, 2024 / The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by American Water Works Company, Inc. ("American Water"). American Water learned of suspicious activity on or about October 7, 2024.
American Water, the largest water utility in the U.S., revealed that it had been targeted in a cyberattack and had to shut down some systems including billing. Hacks of water systems around the U.S. have been rising and in some cases have been tied to geopolitical rivals of the U.S., such as Russia, Iran and China.
U.S. water and sewage utility American Water said it has paused billing, yanked its customer service, and disconnected some of its computers following an unspecified "cybersecurity incident."