American Water Works (AWK) Reports In-Line Q1 EPS, Offers Guidance

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Go back to American Water Works (AWK) Reports In-Line Q1 EPS, Offers Guidance

American Water Reports First Quarter 2021 Results

May 3, 2021 4:04 PM EDT

Affirms 2021 Guidance Range

First quarter 2021 diluted earnings of $0.73 per share, compared to $0.68 per share in 2020, a 7.4% increase 2021 earnings guidance range of $4.18 to $4.28 per share affirmed Invested $342 million in the first quarter and added approximately 4,500 customer connections year-to-date through closed acquisitions and organic growth; Capital plan remains on track to invest approximately $1.9 billion in 2021 Entered into an agreement to acquire the wastewater system of the City of York, Pa., which will add more than 45,000 equivalent customer connections, bringing the total customer connections under... More