Utilities | Water Utilities | USA
American Water Works (AWK) Q1 Earnings Miss, Revenues Beat
American Water Works Company AWK posted first-quarter 2019 earnings per share of 61 cents, which lagged the Zacks Consensus Estimate by 3.2%. However, the bottom line improved 3.4% year over year on the back of contribution generated from infrastructure investment, acquisitions and organic growth.
The company reported GAAP earnings of 62 cents compared with 59 cents in the year-ago quarter.
Total Revenues
Total revenues of $813 million beat the Zacks Consensus Estimate of $803 million by 1.2% and increased 6.8% from the year-ago figure of $761 million.
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https://finance.yahoo.com/news/american-...10477.html
American Water Works (AWK) Q1 Earnings Miss, Revenues Beat
American Water Works Company AWK posted first-quarter 2019 earnings per share of 61 cents, which lagged the Zacks Consensus Estimate by 3.2%. However, the bottom line improved 3.4% year over year on the back of contribution generated from infrastructure investment, acquisitions and organic growth.
The company reported GAAP earnings of 62 cents compared with 59 cents in the year-ago quarter.
Total Revenues
Total revenues of $813 million beat the Zacks Consensus Estimate of $803 million by 1.2% and increased 6.8% from the year-ago figure of $761 million.
...
https://finance.yahoo.com/news/american-...10477.html