American Water Works Q3 2024 GAAP EPS $1.80 Misses $1.83 Estimate, Sales $1.323B Beat $1.234B Estimate
Portfolio Pulse from Benzinga Newsdesk
American Water Works reported Q3 2024 earnings per share of $1.80, missing the consensus estimate of $1.83. However, the company exceeded sales expectations with $1.323 billion, a 13.37% increase from the previous year.
October 30, 2024 | 8:32 pm
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American Water Works' Q3 2024 earnings per share of $1.80 missed estimates, but sales of $1.323 billion exceeded expectations, showing a strong revenue growth of 13.37% year-over-year.
The earnings per share miss could negatively impact investor sentiment, but the strong sales performance and significant year-over-year growth may offset this, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100