American Water Works (AWK) Tops Q1 EPS by 3c, Maintains FY EPS Guidance

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American Water Reports Solid 2015 First Quarter Results

May 6, 2015 5:00 PM EDT

Company had solid financial performance with revenue up 2.8 percent to $698.1 million and income from continuing operations up 15.8 percent to $80.0 million or $0.44 per diluted common share. Adjusted earnings per share from continuing operations (a non-GAAP financial measure) increased 7.3 percent over same period last year. Company increased dividend by approximately 10 percent to $0.34 per diluted common share. Company affirmed 2015 earnings guidance from continuing operations in the range of $2.55 to $2.65 per diluted share.

VOORHEES, N.J.--(BUSINESS WIRE)-- American Water Works Company, Inc. (NYSE:... More