147.35 +3.34 (2.32%)
Pre-Market: 7:00AM EST
Previous Close | 141.88 |
Open | 144.21 |
Bid | 0.00 x 800 |
Ask | 0.00 x 900 |
Day's Range | 143.49 - 145.79 |
52 Week Range | 92.00 - 172.56 |
Volume | 1,161,309 |
Avg. Volume | 903,378 |
Market Cap | 26.129B |
Beta (5Y Monthly) | 0.22 |
PE Ratio (TTM) | 36.83 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 2.20 (1.53%) |
Ex-Dividend Date | Feb 05, 2021 |
1y Target Est | N/A |
American Water Works (NYSE: AWK) on Wednesday released strong fourth-quarter 2020 results that capped off a solid year. Shares of the U.S. water utility giant fell 2.9% on Thursday. That decline is probably in large part attributable to market dynamics.
Shares of American Water Works Co (NYSE:AWK) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 9.59% year over year to $0.80, which were in line with the estimate of $0.80. Revenue of $923,000,000 higher by 2.33% from the same period last year, which missed the estimate of $975,000,000. Looking Ahead American Water Works Co hasn't issued any earnings guidance for the time being. View more earnings on AWK American Water Works Co hasn't issued any revenue guidance for the time being. Technicals Company's 52-week high was at $172.56 Company's 52-week low was at $92.00 Price action over last quarter: down 5.23% Company Profile Founded in 1886, American Water Works is the largest investor-owned U.S. water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets, which account for about 90% of earnings. Its nonregulated market-based businesses provide complementary water and wastewater services for military bases, municipalities, oil and gas exploration and production companies, and other industrial customers. See more from BenzingaClick here for options trades from BenzingaEarnings Preview: American Water Works Co© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
American Water Works Co (NYSE:AWK) announces its next round of earnings this Wednesday, February 24. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement. What Are Earnings, Net Income, And Earnings Per Share? Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS. Earnings And Revenue Wall Street analysts see American Water Works Co reporting earnings of $0.8 per share on sales of $975.00 million. In the same quarter last year, American Water Works Co reported EPS of $0.73 on revenue of $902.00 million. Why Analyst Estimates And Earnings Surprises Are Important Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values. View more earnings on AWK If the company were to report earnings in line when it publishes results Wednesday, quarterly profit would be up 9.59%. Revenue would be have grown 8.09% from the same quarter last year. American Water Works Co's reported EPS has stacked up against analyst estimates in the past like this: Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020 EPS Estimate 1.38 0.96 0.66 0.73 EPS Actual 1.46 0.97 0.67 0.73 Revenue Estimate 1.11 B 940.54 M 826.44 M 923.86 M Revenue Actual 1.08 B 931.00 M 844.00 M 902.00 M Stock Performance Shares of American Water Works Co were trading at $152.06 as of February 22. Over the last 52-week period, shares are up 14.96%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release. Do not be surprised to see the stock move on comments made during its conference call. American Water Works Co is scheduled to hold the call at 09:00:00 ET and can be accessed here. See more from BenzingaClick here for options trades from BenzingaEarnings Outlook for Kennedy-Wilson HoldingsEarnings Preview: Aurinia Pharmaceuticals© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.