American Water (AWK) Q4 Earnings Beat Estimates, '24 View Up
American Water Works pany(AWK) Zacks Investment Research·2024-02-15 19:41
American Water Works Company (AWK) posted fourth-quarter 2023 operating earnings per share (EPS) of 88 cents, which surpassed the Zacks Consensus Estimate of 84 cents by 4.8%. The bottom line improved 8.6% from the year-ago quarter's earnings of 81 cents.The company's 2023 EPS was $4.90, up 8.6% from $4.51 reported in 2022. The year-over-year improvement in earnings was due to favorable impacts of the implementation of new rates in Regulated businesses, offset somewhat by increased operating costs. The res ...