American Water Works (AWK)
NYSE:AWK
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.57Last Year’s EPS
1.48Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call delivered multiple operational, regulatory and financial positives: affirmed 2026 guidance with an 8% EPS growth target, an 8.2% dividend increase and meaningful PFAS-related recoveries (~$185M). Strong financing execution ($700M at 5.2%), constructive legislative wins, a sizable acquisition pipeline ($565M / 105k connections) and ongoing regulatory progress (final orders in WV & MD; PA decision timeline) underpin confidence. Notable risks include higher O&M/depreciation/financing costs, back‑loaded EPS growth with much of upside in H2, unsettled PA rate case procedural risk, required multi-state approvals for the Essential merger, and upcoming equity/debt funding needs. Overall, positives materially outweigh the challenges described on the call.Company Guidance
Q1 Adjusted EPS and Full-Year Guidance Affirmed
Adjusted earnings of $1.01 per share in Q1 2026. Board reaffirmed 2026 adjusted EPS guidance of $6.02 to $6.12, implying ~8% EPS growth for the year versus 2025.
Dividend Increase and Medium-Term Dividend Guidance
Board approved an 8.2% increase in the quarterly cash dividend to $0.8950 per share. Company continues to target dividend growth of 7%–9% per year, aligned with its EPS growth targets.
PFAS Manufacturer Payments Secured
Secured approximately $185 million of net payments from PFAS manufacturers to be passed on to customers or to offset PFAS remediation costs.
Regulatory and Rate Case Progress
Final orders received in West Virginia and Maryland (West Virginia rate base now > $1 billion). Active rate cases progressing in Pennsylvania, New Jersey, Virginia, California and Illinois with key milestones ahead (PA recommended decision expected in May; PA final order expected in July with rates effective in August). Majority of EPS growth anticipated in second half as new rates take effect.
Financing and Balance Sheet Actions
Repaid $795 million HOS note in February, improving total debt-to-capital to 58% as of March 31. Completed $700 million long-term debt issuance at 5.2% on April 1 with strong demand. Company retains investment-grade ratings and expects FFO-to-debt ratios consistent with current ratings.
Acquisition Pipeline and Closed Deals
105,000 customer connections under agreement from deals totaling $565 million, supporting the company's 2% customer addition goal. Closed Nitro wastewater system acquisition for $20 million and plans >$40 million of capital investment there over 5 years. Nexus Water Group Systems regulatory approvals received in 7 of 8 states with closing expected by June 30.
Legislative Wins to Reduce Regulatory Lag & Advance Affordability
Four priority bills passed in 2026 including Iowa's infrastructure recovery mechanism (effective July 1) and Indiana's power/chemical cost adjustment (effective July 1). Maryland and Virginia passed affordability-related bills to expand limited-income bill assistance.
Corporate Alternative Minimum Tax (CAMT) Cash Benefit
Filed for a refund of ~ $84 million for 2024 returns related to New Jersey CAMT changes and expects a meaningful recurring cash benefit versus prior modelled CAMT payments (~$100 million/year previously embedded).
AWK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AWK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $131.97 | $128.42 | -2.69% |
Feb 18, 2026 | $131.16 | $131.36 | +0.15% |
Oct 29, 2025 | $128.36 | $125.04 | -2.58% |
Jul 30, 2025 | $137.04 | $137.62 | +0.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does American Water Works (AWK) report earnings?
American Water Works (AWK) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is American Water Works (AWK) earnings time?
American Water Works (AWK) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AWK EPS forecast?
AWK EPS forecast for the fiscal quarter 2026 (Q2) is 1.57.