Core Insights - American Water Works Company (AWK) reported fourth-quarter 2024 operating earnings per share (EPS) of 1.22,exceedingtheZacksConsensusEstimateof1.13 by 7.9% and showing a year-over-year increase of 38.6% from 0.88[1][2]−Totalrevenuesforthefourthquarterreached1.2 billion, surpassing the Zacks Consensus Estimate of 1.08billionby11.41.03 billion in the previous year [3] - The company continues to expand operations, adding 90,000 customers in 2024, with 69,500 from 13 acquisitions, and has 17 pending acquisitions expected to add another 24,200 customers [6] Financial Performance - Total operating expenses for Q4 were 801million,a9.3733 million in the previous year, primarily due to higher operating and maintenance costs [5] - Operating income for the fourth quarter was 400million,up33.8299 million year-over-year, exceeding predictions [5] - Net income for Q4 was 239million,comparedto171 million in the same quarter last year [7] Revenue Breakdown - Regulated businesses' net revenues in 2024 were 4.3billion,reflectinga9.6380 million, up from 310millionin2023[4]Long−TermGuidance−Thecompanyreiteratedits2025EPSguidanceof5.65-5.75,aligningwiththeZacksConsensusEstimateof5.70 [10] - Long-term earnings and dividend growth are projected in the range of 7-9%, with planned investments of nearly 3.3billionin2025[10]−Capitalexpenditurefor2025−2029isexpectedtobebetween17-18billion,andfor2025−2034,itisprojectedtobeintherangeof40-$42 billion [11]
American Water Works pany(AWK) ZACKS·2025-02-20 16:45