American Water Works (AWK) Tops Q3 EPS by 8c, Updates Guidance

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Go back to American Water Works (AWK) Tops Q3 EPS by 8c, Updates Guidance

American Water Reports Third Quarter 2020 Results

November 4, 2020 4:34 PM EST

Increases 2020 Earnings Guidance

Third quarter 2020 diluted earnings were $1.46 per share, compared to $1.33 per share in 2019, a 9.8% increase. For the nine months ended September 30, 2020, diluted earnings were $3.11 per share, compared to $2.89 per share for the same period in 2019, a 7.6% increase. Quarter and year-to-date results reflect an estimated favorable impact of $0.06 per share and $0.10 per share, respectively, from warmer and drier weather in 2020, compared to 2019 Quarter results reflect an estimated favorable impact of $0.03 per share and year-to-date results reflect an estimated unfavorable impact of $0.02... More