financetom
Business
financetom
/
Business
/
American Water Works Q1 Earnings, Revenue Rise; Full-Year Earnings Guidance Affirmed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
American Water Works Q1 Earnings, Revenue Rise; Full-Year Earnings Guidance Affirmed
May 1, 2024 2:12 PM

04:51 PM EDT, 05/01/2024 (MT Newswires) -- American Water Works ( AWK ) reported Q1 earnings late Wednesday of $0.95 per diluted share, up from $0.91 a year earlier.

Analysts surveyed by Capital IQ expected $0.98.

Operating revenue for the quarter ended March 31 was $1.01 billion, up from $938 million a year earlier.

Three analysts surveyed by Capital IQ expected $962.3 million.

The company affirmed its full-year 2024 EPS guidance of $5.20 to $5.30. Analysts surveyed by Capital IQ expect $5.25.

The board raised the quarterly dividend by 8.1% to $0.7650 per share, payable on June 3 to shareholders of record on May 14.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Oncocyte Prices $29 Million Stock Offerings
Oncocyte Prices $29 Million Stock Offerings
Feb 10, 2025
12:40 PM EST, 02/10/2025 (MT Newswires) -- Oncocyte ( OCX ) said Monday it priced a private placement and registered direct offering of common stock at $2.05 per share for total gross proceeds of about $29.1 million. The private placement was for the sale of about 7.5 million common shares and pre-funded warrants to purchase up to roughly 3.1 million...
Plug Power Signs $1 Billion Standby Equity Purchase Agreement With Yorkville Advisors Fund
Plug Power Signs $1 Billion Standby Equity Purchase Agreement With Yorkville Advisors Fund
Feb 10, 2025
12:39 PM EST, 02/10/2025 (MT Newswires) -- Plug Power ( PLUG ) said Monday it entered a standby equity purchase agreement with an investment fund managed by Yorkville Advisors Global. The agreement provides for the sale of up to $1 billion of the company's shares to YA II PN fund at Plug Power's ( PLUG ) discretion. The developer of...
ScanTech AI Systems Says Market Volatility Typical After SPAC Mergers; Shares Fall
ScanTech AI Systems Says Market Volatility Typical After SPAC Mergers; Shares Fall
Feb 10, 2025
12:42 PM EST, 02/10/2025 (MT Newswires) -- ScanTech AI Systems ( STAI ) said Monday that recent pressure on its stock price is due to short-sighted trading and potential high-volume short activity. The company completed its merger with a special purpose acquisition company on Jan. 2, and has experienced the typical volatility that comes with SPAC mergers, Chief Executive Dolan...
Air Products & Chemicals Insider Sold Shares Worth $1,419,570, According to a Recent SEC Filing
Air Products & Chemicals Insider Sold Shares Worth $1,419,570, According to a Recent SEC Filing
Feb 10, 2025
12:33 PM EST, 02/10/2025 (MT Newswires) -- Sean D Major, Executive Vice President & General Counsel, on February 07, 2025, sold 4,500 shares in Air Products & Chemicals (APD) for $1,419,570. Following the Form 4 filing with the SEC, Major has control over a total of 14,595 common shares of the company, with 14,273 shares held directly and 322 controlled...
Copyright 2023-2026 - www.financetom.com All Rights Reserved