With a market cap of $27.1 billion, New Jersey-based American Water Works Company, Inc. (AWK) is a prominent provider of water and wastewater services in the U.S. The company manages a vast infrastructure that includes treatment plants for surface water and groundwater, wastewater treatment facilities, extensive networks of pipelines, pumping stations, and storage facilities. The utility company intends to release its fiscal 2024 second-quarter financial results after the market closes on Wednesday, Jul. 31.
Ahead of the event, analysts expect AWK to report a profit of $1.50 per share, up 4.2% from $1.44 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in three of the past four quarters while missing on one other occasion.
