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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 grew to $1.22 per share from $0.88 in 2023. 2. Strong full-year earnings of $5.39 per share vs $4.90 in 2023 indicate growth.

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$127.8602/19 04:44 PM EDTEvent Start

$128.6702/20 11:27 PM EDTLatest Updated
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FAQ

Why Bullish?

Increased earnings per share can positively affect stock valuations. Past trends show that earnings growth typically leads to price appreciation.

How important is it?

The earnings growth affects investor perception and can boost AWK's market position. Historical precedent shows positive earnings reports correlate strongly with stock performance.

Why Short Term?

Earnings reports influence stock price immediately but require sustained performance for long-term effects. Historical data reveals that immediate reactions to earnings are critical to future investor sentiment.

Related Companies

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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