Analyst Consensus ?
ConsensusHold29 ratings
Bullish1344.8%
Neutral1448.3%
Bearish26.9%
1 unmapped firm rating excluded from the percentages.
American Water Works Company, Inc. · AWK · FY2024 Q3 · Calendar Q4 2024
American Water raises 2025 outlook as capital plan expands
The supplied earnings analysis supports a constructive but conditional view of American Water's growth path: management tied the outlook to rate-base investment, regulated acquisitions, compliance spending and financing capacity. The main counterweights are regulatory execution, financing needs, cash taxes, operating-cost exposure and acquisition integration.
Reported After market closeNYSEUtilities
$25.75B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.77
Consensus $1.84
EPS surprise
-3.8%
Reported versus consensus
Reported revenue
$1.32B
Consensus $1.11B
Revenue surprise
+19.6%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+1.8%
Event window
SPY move
-2.0%
Same window
Abnormal move
+3.7%
Stock minus SPY
Volume
1.8×
Versus trailing sessions
Subsequent drift
-0.8%
Up to 20 sessions
AWKSPY benchmark
Ask FN2 about AWK FY2024 Q3
Transcript, numbers and history already loaded
Why did AWK rise 1.8% after missing EPS estimates in FY2024 Q3?What changed in AWK's guidance and outlook in FY2024 Q3?Give me the bull and bear case for AWK after FY2024 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, management moved from a $3.1 billion 2024 capital target to a $3.3 billion 2025 plan, introduced 2025 EPS guidance of $5.65-$5.75, highlighted a $17-$18 billion 2025-2029 capital plan, and added further detail on LCRI and PFAS compliance, acquisitions and financing.
Guidance delta
Management reaffirmed 2024 EPS guidance at $5.25-$5.30 and introduced 2025 EPS guidance of $5.65-$5.75, described as 8% growth.
Key takeaways
- Q3 EPS was reported at $1.80, supporting the 2024 outlook.
- Management introduced 2025 EPS guidance of $5.65-$5.75 and described expected growth of 8%.
- The 2025 capital plan rises to $3.3 billion, with a $17-$18 billion plan for 2025-2029.
- Growth priorities include regulated rate-base investment, acquisitions, and EPA lead-and-copper and PFAS compliance.
- Management said a disclosed cybersecurity incident did not affect water or wastewater facilities and was not expected to materially affect results.
Management priorities
- Deploy the 2025 capital program, including spending tied to lead-and-copper and PFAS compliance.
- Pursue acquisitions, including the stated pipeline of 1.5 million connections.
- Advance regulatory rate cases and recoveries across multiple states.
- Use planned external equity and long-term debt to support the financing plan.
- Continue operating the military-services business and regulated water and wastewater operations.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$130Current
$124Low
$143.71Average
$181High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 13, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Buy | Buy | Maintain | Sep 10, 2026 |
| Truist Securities | Hold | Hold | Maintain | Aug 4, 2026 |
| Mizuho | Neutral | Neutral | Maintain | Jul 31, 2026 |
| Barclays | Underweight | Underweight | Maintain | Jul 15, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Jul 8, 2026 |
| B of A Securities | Neutral | Neutral | Maintain | May 21, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Jan 20, 2026 |
| Jefferies | Hold | Underperform | Upgrade | Nov 5, 2025 |
| Argus Research | Buy | Buy | Maintain | Aug 14, 2025 |
| Evercore ISI Group | In Line | In Line | Maintain | May 2, 2025 |
| Seaport Global | Buy | Buy | Maintain | Apr 11, 2025 |
| RBC Capital | Outperform | Outperform | Maintain | Sep 19, 2024 |
| CFRA | Hold | Hold | Maintain | Feb 16, 2023 |
| Janney Montgomery Scott | Buy | Buy | Maintain | Nov 1, 2022 |
| HSBC | Buy | Hold | Upgrade | Feb 23, 2022 |
| Goldman Sachs | Neutral | Buy | Downgrade | Nov 4, 2021 |
| Atlantic Equities | Overweight | Overweight | Maintain | Jan 7, 2021 |
| Janney Capital | Neutral | Buy | Downgrade | Oct 13, 2020 |
| Baird | Outperform | Outperform | Maintain | Aug 6, 2020 |
| Bank of America | Underperform | Neutral | Downgrade | Jul 15, 2019 |
| Guggenheim | Neutral | Buy | Downgrade | Jan 2, 2018 |
| Argus | Buy | Buy | Maintain | Jun 24, 2016 |
| Boenning & Scattergood | Neutral | Outperform | Downgrade | Jun 6, 2016 |
| Ladenburg Thalmann | Neutral | Buy | Downgrade | Oct 15, 2015 |
| Brean Capital | Buy | Buy | Maintain | Nov 7, 2014 |
| Maxim Group | Outperform | Outperform | Maintain | Oct 20, 2014 |
| Macquarie | Outperform | Outperform | Maintain | Oct 20, 2014 |
| Credit Suisse | Neutral | Neutral | Maintain | Aug 8, 2014 |
| Citigroup | Buy | Buy | Maintain | Jul 23, 2014 |
| Hilliard Lyons | Buy | Maintain | Jul 11, 2014 |
Named analyst price targets
Upside is calculated against the persisted current price $130. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| UBS | Gregg Orrill | $162 | $140.33 | +24.6% | Sep 10, 2026 |
| Truist Financial | Analyst unavailable | $139 | $131.3 | +6.9% | Aug 4, 2026 |
| Barclays | Analyst unavailable | $130 | $131.57 | -0.0% | Jul 15, 2026 |
| UBS | Gregg Orrill | $150 | $131.79 | +15.4% | Jul 2, 2026 |
| UBS | Analyst unavailable | $140 | $122.35 | +7.7% | May 29, 2026 |
| UBS | Analyst unavailable | $137 | $125.56 | +5.4% | May 7, 2026 |
| Wells Fargo | Analyst unavailable | $131 | $133.25 | +0.8% | Apr 21, 2026 |
| Barclays | Nicholas Campanella | $124 | $131.61 | -4.6% | Apr 20, 2026 |
| UBS | Gregg Orrill | $149 | $133.04 | +14.6% | Dec 17, 2025 |
| Barclays | Nicholas Campanella | $122 | $132.72 | -6.2% | Dec 17, 2025 |
| Mizuho Securities | Anthony Crowdell | $145 | $137.99 | +11.5% | Oct 28, 2025 |
| Wells Fargo | Shahriar Pourreza | $142 | $137.99 | +9.2% | Oct 27, 2025 |
| Barclays | Analyst unavailable | $134 | $145.43 | +3.1% | Oct 21, 2025 |
| UBS | Gregg Orrill | $155 | $142.28 | +19.2% | Nov 19, 2024 |
| Mizuho Securities | Anthony Crowdell | $140 | $140.37 | +7.7% | Oct 15, 2024 |
| Jefferies | Julien Dumoulin-Smith | $124 | $138.89 | -4.6% | Oct 7, 2024 |
| Bank of America Securities | Ross Fowler | $140 | $149.08 | +7.7% | Sep 20, 2024 |
| Wells Fargo | Jonathan Reeder | $138 | $143.67 | +6.1% | Jul 31, 2024 |
| Mizuho Securities | Anthony Crowdell | $131 | $118.21 | +0.8% | Mar 21, 2024 |
| Mizuho Securities | Anthony Crowdell | $134 | $116.88 | +3.1% | Oct 3, 2023 |
| UBS | Analyst unavailable | $159 | $156.84 | +22.3% | Aug 2, 2022 |
| Wells Fargo | Analyst unavailable | $152 | $145.68 | +16.9% | Jul 18, 2022 |
| Barclays | Analyst unavailable | $157 | $148.57 | +20.8% | Jul 18, 2022 |
| Wells Fargo | Analyst unavailable | $151 | $159.46 | +16.1% | Apr 28, 2022 |
| Wells Fargo | Analyst unavailable | $156 | $163.97 | +20.0% | Apr 19, 2022 |
| Janney Montgomery | Michael Gaugler | $181 | $174.56 | +39.2% | Aug 4, 2021 |
| Guggenheim | Shahriar Pourreza | $160 | $173.41 | +23.1% | Aug 3, 2021 |
| Wolfe Research | Steve Fleishman | $156 | $150.81 | +20.0% | May 5, 2021 |
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Start freeCompany context
Snapshot as of publicationAmerican Water Works Company, Inc. operates across the United States, delivering essential water and wastewater solutions via its various subsidiary companies. Its operations extend to around 1,700 communities situated across 14 states, catering to an active customer base of roughly 3.4 million. The firm caters to a broad spectrum of clients. These include individual households, commercial enterprises (such as food and beverage suppliers, property developers, and energy companies), and both public and private fire service customers. Industrial clients, like large-scale manufacturers, mining, and production facilities, also utilize its services. Furthermore, American Water Works supports public authorities, encompassing government facilities, schools, and universities, alongside other utility providers and community water and wastewater infrastructure.…
Historical context
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-11-10T18:38:36.707185+00:00
- Polygon adjusted daily market bars · 2026-10-13T14:40:49.828983+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-13T14:40:49.826091+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-13. For educational purposes only; not investment advice.