American Water Works

Utilities | Water Utilities | USA

American Water Works (AWK) Q1 Earnings Miss, Revenues Beat

American Water Works Company AWK posted first-quarter 2019 earnings per share of 61 cents, which lagged the Zacks Consensus Estimate by 3.2%.  However, the bottom line improved 3.4% year over year on the back of contribution generated from infrastructure investment, acquisitions and organic growth.

The company reported GAAP earnings of 62 cents compared with 59 cents in the year-ago quarter.

Total Revenues
 
Total revenues of $813 million beat the Zacks Consensus Estimate of $803 million by 1.2% and increased 6.8% from the year-ago figure of $761 million.

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https://finance.yahoo.com/news/american-...10477.html

American Water (AWK) Q4 Earnings Match, Sales Beat Estimates

American Water Works Company AWK posted fourth-quarter 2019 earnings of 73 cents per share, on par with the Zacks Consensus Estimate. The bottom line improved 5.8% year over year on the back of strong contributions from Regulated and Market-based businesses.

GAAP earnings came in at 54 cents compared with 62 cents in the year-ago quarter. The primary reason for the difference in GAAP and operating earnings in the reported quarter was a one-time loss on the sale of Keystone operations.

Total Revenues

Total revenues of $902 million beat the Zacks Consensus Estimate of $898 million by 0.5% and improved 6.1% from the year-ago figure of $850 million.


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https://finance.yahoo.com/news/american-...12310.html