American Water Works Reports 8% EPS Growth and Affirms 2026 Guidance

EarningsCorporate Action
โดย GuruFocus·Read original
Summary · why it matters

American Water Works reported adjusted earnings per share of $1.61 for the second quarter of 2026, up from $1.49 a year earlier, and affirmed its full-year adjusted EPS guidance of $6.02 to $6.12. The company cited higher revenues from authorized rate increases and flat operations and maintenance costs as key drivers. Capital investments reached $1.8 billion year-to-date, and the company closed the Nexus Water Group acquisition ahead of schedule, adding 47,000 customer connections. A Pennsylvania rate case resulted in a $75 million annualized revenue increase, while new rate filings in Kentucky and Missouri seek additional annual revenues of $18 million and $179 million, respectively. The pending merger with Essential Utilities remains on track to close by the end of the first quarter of 2027, with state approvals already secured in Kentucky, Ohio, and Virginia.

Impact on stocks 2

Climate Adaptation & Water▲ · 2 stocks
American Water Works
AWK
▲ PositiveCapitalrelevance

Reported 8% EPS growth and affirmed 2026 guidance, driven by rate increases and cost control.

Theme Impact 1

Off-coverage companies 1

Nexus Water GroupPrivate▲ Positive
Capitalrelevance

Acquired by American Water, adding 47,000 customer connections.

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