American Water Works Reports Strong Q2 Earnings and Reaffirms Guidance
American Water Works (NYSE: AWK) reported stronger-than-expected second-quarter earnings with adjusted EPS rising to $1.61 from $1.49 a year ago, driven by rate increases, cost controls, infrastructure investment, and acquisitions like the Nexus Water Group transaction. The company reaffirmed its 2026 full-year guidance of $6.02–$6.12 in adjusted EPS, implying approximately 8% growth over last year's results. It also maintained long-term expectations for earnings-per-share (EPS) and dividend growth within a 7-9% range through 2030. Regulatory activity remains central to American Water’s strategy as it advanced rate cases across several states in the first half of 2026, including Pennsylvania where new rates are set to take effect on August 13. The company also received further approvals for its proposed Essential Utilities merger and expects completion by Q1 2027.
Tickers: $AWK
Topics: acquisitions earnings guidance reaffirmation rate increases