American Water (AWK) Q4 Earnings Match, Sales Beat Estimates
American Water Works Company AWK posted fourth-quarter 2019 earnings of 73 cents per share, on par with the Zacks Consensus Estimate. The bottom line improved 5.8% year over year on the back of strong contributions from Regulated and Market-based businesses.
GAAP earnings came in at 54 cents compared with 62 cents in the year-ago quarter. The primary reason for the difference in GAAP and operating earnings in the reported quarter was a one-time loss on the sale of Keystone operations.
Total Revenues
Total revenues of $902 million beat the Zacks Consensus Estimate of $898 million by 0.5% and improved 6.1% from the year-ago figure of $850 million.
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https://finance.yahoo.com/news/american-...12310.html
American Water Works Company AWK posted fourth-quarter 2019 earnings of 73 cents per share, on par with the Zacks Consensus Estimate. The bottom line improved 5.8% year over year on the back of strong contributions from Regulated and Market-based businesses.
GAAP earnings came in at 54 cents compared with 62 cents in the year-ago quarter. The primary reason for the difference in GAAP and operating earnings in the reported quarter was a one-time loss on the sale of Keystone operations.
Total Revenues
Total revenues of $902 million beat the Zacks Consensus Estimate of $898 million by 0.5% and improved 6.1% from the year-ago figure of $850 million.
...
https://finance.yahoo.com/news/american-...12310.html
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