American Water Works (AWK) Tops Q4 EPS by 8c, Beats on Revenue; Offers FY24 EPS Guidance

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American Water Reports Strong 2023 Results; Affirms Long-Term Growth Targets; Increases 2024 EPS Guidance Resulting From Note Restructuring

February 14, 2024 4:31 PM EST

2023 earnings of $4.90 per share, compared to $4.51 per share in 2022 2023 weather-normalized earnings of $4.77 per share, compared to $4.45 per share in 2022 Invested $2.7 billion in capital in 2023, increasing rate base by 10.7% year-over-year 2024 earnings per share guidance range increased to $5.20 to $5.30 from $5.10 to $5.20 as a result of interest income on a legacy note restructuring

CAMDEN, N.J.--(BUSINESS WIRE)-- American Water Works Company, Inc. (NYSE: AWK) today reported earnings of $0.88 per share for the fourth quarter 2023 compared to $0.81 per... More