American Water Works (AWK) Tops Q2 EPS by 1c

American Water Works (NYSE: AWK) reported Q2 EPS of $0.68, $0.01 better than the analyst estimate of $0.67. Revenue for the quarter came in at $782.12 million versus the consensus estimate of $799.71 million.

American Water Works sees FY2015 EPS of $2.55-$2.65, versus the consensus of $2.61.

“American Water’s employees continued to successfully execute our strategies during the second quarter. We had solid earnings growth, continued to invest in our infrastructure and improve operational efficiency to the benefit of our customers, and expanded our Regulated and Market-Based customers,” said Susan Story, president and CEO of American Water. “We remain on track to meet our long-term goal of growing earnings seven to ten percent. Based on our results year-to-date including weather impacts in July, we are affirming our 2015 earnings guidance to be in the range of $2.55 to $2.65 per diluted common share.”

For earnings history and earnings-related data on American Water Works (AWK) click here.

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