AMERICAN WATER REPORTS SOLID THIRD QUARTER 2026 RESULTS; NARROWS 2026 EPS GUIDANCE TO TOP HALF OF RANGE; AFFIRMS LONG-TERM TARGETS; INITIATES STANDALONE 2027 EPS GUIDANCE, REFLECTING GROWTH OF 8%
Key Highlights
- ➤Adjusted Q3 EPS $2.00, up from $1.89 year over year
- ➤2026 adjusted EPS guidance narrowed to $6.07-$6.12 from $6.02-$6.12
- ➤2027 standalone adjusted EPS guidance initiated at $6.53-$6.63
- ➤2027 EPS guidance implies 8% midpoint growth versus 2026 guidance
- ➤Essential Utilities merger advances, with three states approving and settlements reached in three states
Expert Statements
John Griffith, President and CEO of American Water
“The company has delivered solid results to date in 2026, including key regulatory outcomes that provide for a reasonable and timely return on the investments made for the benefit of our customers,”
John Griffith, President and CEO of American Water
“Looking forward to 2027 and beyond, we are fully confident that our long record of consistent execution on the plans we set will continue.”
John Griffith, President and CEO of American Water
“On the merger front, we continue to work toward closing the merger with Essential Utilities by the end of the first quarter of 2027 as anticipated. We are encouraged by the continued progress we and Essential are making in the regulatory approval process, including reaching settlement agreements in several states, and with our merger integration planning activities.”
AMERICAN WATER REPORTS SOLID THIRD QUARTER 2026 RESULTS; NARROWS 2026 EPS GUIDANCE TO TOP HALF OF RANGE; AFFIRMS LONG-TERM TARGETS; INITIATES STANDALONE 2027 EPS GUIDANCE, REFLECTING GROWTH OF 8% PR Newswire
* Third quarter 2026 GAAP earnings were $1.94 per share, compared to $1.94 per share in 2025; year-to-date 2026 GAAP earnings were $4.56 per share, compared to $4.47 per share in 2025 * Third quarter 2026 adjusted (non-GAAP) earnings of $2.00 per share, compared to $1.89 per share in the same quarter in 2025 and year-to-date 2026 adjusted (non-GAAP) earnings of $4.63 per share, compared to $4.40 per share in the same period in 2025 * 2026 adjusted earnings per share (EPS) guidance range is narrowed to $6.07 to $6.12 from $6.02 to $6.12; long-term targets affirmed * Initiating standalone 2027 earnings per share guidance range of $6.53 to $6.63 * Significant regulatory execution YTD on several fronts, including in PA and NJ, with new rates in effect in Q3 * 2026 capital investment plan of $3.7 billion on track; approximately 81,000 customer connections added from acquisitions through September 30, which includes the Nexus Water systems * Progress continues on proposed merger with Essential Utilities; three states have approved and settlements have been reached in Pennsylvania, North Carolina and Texas CAMDEN, N.J., Oct. 28, 2026 /PRNewswire/ -- American Water Works Company, Inc. (NYSE: AWK) today reported adjusted earnings for the quarter ended September 30, 2026, of $2.00 per share, compared to $1.89 per share for the same quarter in 2025, and $4.63 per share for the year-to-date period ended September 30, 2026, compared to $4.40 per share for the same period in 2025.
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