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American Water Works reaffirms 2017 guidance, sees 2018 earnings in-line

Published 12/11/2017, 11:14 AM
© Reuters.  American Water Works reaffirms 2017 guidance, sees 2018 earnings in-line
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  • American Water Works (AWK -0.4%) reaffirms full-year EPS guidance of $3.00-$3.06, in-line with the $3.01 analyst consensus estimate, and issues FY 2018 EPS guidance of $3.22-$3.32, in-line with $3.30 consensus.
  • AWK also maintains its five-year adjusted EPS compound annual growth rate of 7%-10%, based on its 2016 earnings result, and says it plans to invest $7.2B in regulated infrastructure over the next five years, a $1.3B increase over its 2017 five-year plan.
  • Now read: 'Keys To Success' American Water Works' Rise To The Top


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