American Water Works Company Narrows FY24 EPS From $5.20-$5.30 To $5.25-$5.30 Vs $5.23 Est.
Portfolio Pulse from Benzinga Newsdesk
American Water Works Company has narrowed its FY24 EPS guidance from $5.20-$5.30 to $5.25-$5.30, slightly above the $5.23 estimate. The company also affirms its long-term financial targets, including a 7-9% EPS and dividend growth rate.
July 31, 2024 | 9:23 pm
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American Water Works Company has updated its FY24 EPS guidance to $5.25-$5.30, slightly above the $5.23 estimate. The company also reaffirms its long-term financial targets, including a 7-9% EPS and dividend growth rate.
The narrowing of the EPS guidance to the higher end of the range and above estimates is a positive signal for investors. The reaffirmation of long-term financial targets, including EPS and dividend growth, further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100