American Water Works Reports Q3 2026 Earnings Growth and Updated Capital Plans
American Water Works (AWK) reported third-quarter 2026 adjusted earnings per share of $2.00, an increase from $1.89 in the same period last year. The company narrowed its full-year 2026 EPS guidance to the upper end of its previous range and provided 2027 standalone EPS guidance of $6.53 to $6.63, representing projected 8% growth. The utility provider is entering a heavy investment cycle, with a five-year capital plan exceeding $20 billion through 2030 and a ten-year plan targeting over $48 billion by 2035. These expenditures are driven by the need to replace aging infrastructure and address PFAS remediation requirements. While regulatory approvals in New Jersey have provided revenue boosts, cost escalations were noted for the Monterey desalination project due to labor and financing pressures.
Topics: capital expenditure earnings report EPS guidance revenue growth
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