American Water Works (AWK) Tops Q2 EPS by 2c

American Water Works (NYSE: AWK) reported Q2 EPS of $0.83, $0.02 better than the analyst estimate of $0.81. Revenue for the quarter came in at $853 million versus the consensus estimate of $867.02 million.

• Affirmed 2018 earnings guidance range
• American Water is providing its 2018 earnings guidance GAAP range of $3.30 - $3.40 per diluted share , which includes an $0.08 per diluted share benefit of the company's settlement with its general liability insurance carrier relating the Freedom Industries chemical spill class action litigation in West Virginia. Excluding this benefit, the company affirms its 2018 earnings guidance to a non-GAAP range of $3.22 - $3.32 per diluted share. The company’s earnings forecasts are subject to numerous risks and uncertainties, including, without limitation, those described under “Forward-Looking Statements” below and under “Risk Factors” in its annual and quarterly reports filed with the Securities and Exchange Commission (“SEC”).

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

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