Based in Camden, New Jersey, American Water Works Company, Inc. (AWK) provides water and wastewater services in the United States. Valued at a market cap of $27.7 billion, the company operates a variety of water and wastewater infrastructure and has regulated operations in 14 states and on 18 military installations. The regulated water company is expected to announce its fiscal Q3 earnings results after the market closes on Wednesday, Oct. 30.
Ahead of this event, analysts expect AWK to report a profit of $1.84 per share, up 10.8% from $1.66 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in two of the last four quarters while missing on other two occasions. In Q2, the company’s EPS of $1.42 missed the consensus estimates by 3.4% and declined 1.4% from a year ago. This was primarily due to the adverse impact of unfavorable weather in 2024 coupled with an increase in operating and maintenance expenses.
