CAMDEN, N.J. (AP) — CAMDEN, N.J. (AP) — American Water Works (AWK) on Wednesday reported second-quarter profit of $289 million.
The Camden, New Jersey-based company said it had profit of $1.48 per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.
The water utility posted revenue of $1.28 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $1.15 billion.
American Water Works expects full-year earnings to be $5.70 to $5.75 per share.
American Water Works shares have risen 12% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $139.65, a fall of almost 3% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AWK at https://www.zacks.com/ap/AWK
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
