American Water Works (AWK) Offers FY15 EPS Outlook

American Water Works (NYSE: AWK) announced its earnings guidance for 2015.

American Water estimates its 2015 earnings from continuing operations will be in the range of $2.55 to $2.65 per share.

*** The Street sees FY15 EPS of $2.61.

“The 2015 guidance is based on the continued execution of our strategic goals as we continue to achieve strong financial and operational performance year over year while delivering clean, safe, reliable and affordable water to our customers,” said Susan Story, president and CEO of American Water.

“With our customers at the heart of everything we do and an incredible team of employees who are dedicated to meeting those customers' needs every day, we have in place what we need to continue our success. We will continue to make investments to ensure reliable service, develop and leverage new technologies to increase efficiencies, maintain strong regulatory relationships and grow strategically,” added Story. “Based on our planning and what we have achieved in recent years, we remain confident in our ability to deliver on our long-term EPS growth goal of 7-10 percent, anchored from 2013 earnings.”

American Water will host its 2015 earnings guidance call and audio webcast with investors, analysts and other interested parties on Monday, Dec. 15, 2014, at 11 a.m. Eastern Time.

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