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American Water Reports 2024 Results on Track; Affirms Long-Term Growth Targets; CEO Hardwick to Retire in May, Griffith to Assume CEO Role

1. AWK's Q4 2024 earnings rose to $1.22 per share from $0.88 in 2023. 2. Full-year earnings increased to $5.39 per share, reflecting solid growth in infrastructure.

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Why Bullish?

The earnings growth indicates strong performance and positive market sentiment. Similar patterns in past earnings reports have bolstered AWK's stock price.

How important is it?

The article outlines significant growth in AWK's earnings, which directly impacts investor confidence and stock performance.

Why Long Term?

Sustained earnings growth supports long-term investor confidence and stock performance. Historical trends show strong long-term stock appreciation during periods of consistent earnings growth.

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AWK
CAMDEN, N.J.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK) today reported earnings of $1.22 per share for the fourth quarter 2024 compared to $0.88 per share in 2023, and full year earnings in 2024 of $5.39 per share compared to $4.90 per share in 2023. “American Water once again successfully executed on its guidance and plan, including industry-leading earnings and dividend growth in 2024. We invested $3.3 billion in regulated operations, led by infrastructure renewal, and t.

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