NYSE$AWK

American Water Works Co Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported a strong second quarter with earnings per share up 17.5% compared to 2020.

American Water reported a strong second quarter of 2021, with earnings per share up 17.5% compared to 2020. The company invested $782 million in the first six months of 2021, primarily for infrastructure improvements, and added approximately 11,200 customer connections through acquisitions and organic growth. The company also affirms its 2021 earnings per share guidance range of $4.18 to $4.28.

  • Second quarter 2021 diluted earnings of $1.14 per share, compared to $0.97 per share in 2020, a 17.5% increase.
  • Year-to-date 2021 diluted earnings of $1.87 per share, compared to $1.65 per share in 2020, a 13.3% increase.
  • 2021 earnings guidance range of $4.18 to $4.28 per share affirmed; long-term earnings growth target range of 7-10% affirmed.
  • Invested $782 million in the first half of the year and added approximately 11,200 customer connections year-to-date through closed acquisitions and organic growth.

Headline financials

Total Revenue

$990M

Previous: $908M+9.0%
EPS (adj)

$1.14

Previous: $0.97+17.5%
Capital Expenditures

-$410M

Previous: -$462M+11.3%
Free Cash Flow

-$203M

Previous: -$286M+29.0%
Net Income

$207M

Previous: $176M+17.6%
Operating Income

$330M

Previous: $313M+5.4%
Gross Profit

$568M

Previous: $540M+5.2%
Cash & Equivalents

$70M

Previous: $569M-87.7%
Total Assets

$25B

Previous: $24B+3.9%

Revenue & EPS history

American Water · Revenue · Quarterly

$990M

Q2 2021+9%vs Q2 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

American Water · $3.59B total across 1 segment · Q1 2023

  • Regulated Businesses
    $3.59B

Forward guidance

The Company affirms its 2021 earnings per share guidance range of $4.18 to $4.28.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.2%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+0.5%

Avg return

30 days after

56%

38 / 68 earnings

Positive

+5.8%

Q3 2023

Best reaction

-4.9%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.1%-4.5%-6.5%
Q4 2025-1.2%+2.2%+3.5%
Q3 2025-2.7%-1.5%+0.0%
Q1 2025-0.4%+1.5%-2.7%
Q4 2024+0.6%+7.3%+10.4%
Q3 2024+1.7%-0.4%+0.8%
Q2 2024+0.6%-0.7%-0.4%
Q1 2024+3.0%+6.5%+6.9%
Q4 2023+3.7%+2.5%-2.2%
Q3 2023+5.8%+8.4%+13.3%
Q2 2023+0.1%-0.6%-5.3%
Q1 2023-2.6%-3.8%-5.9%
Q4 2022-1.2%+0.2%-5.0%
Q3 2022-2.8%-4.7%+4.0%
Q2 2022+3.3%+4.0%+0.4%
Q1 2022+1.5%-6.0%-4.1%
Q4 2021+0.9%+1.0%+8.1%
Q3 2021-3.3%-2.3%-1.9%
Q2 2021+3.1%+4.3%+8.4%
Q1 2021-0.4%-2.1%-0.4%
Q4 2020-4.9%-6.0%-4.5%
Q3 2020+0.7%+3.3%-5.2%
Q2 2020-0.4%+1.1%-2.9%
Q1 2020-3.5%-3.2%+6.6%
Q4 2019-0.4%-1.1%-17.4%
Q3 2019+3.1%+0.4%+1.2%
Q2 2019+1.7%+0.2%+10.6%
Q1 2019-1.4%-0.9%+4.5%
Q4 2018+0.6%+3.0%+8.3%
Q3 2018-2.1%-2.2%+5.8%
Q2 2018-0.8%+0.0%-0.8%
Q1 2018-1.5%-2.1%-5.2%
Q4 2017-2.0%+0.2%-0.4%
Q3 2017+1.9%+1.0%+3.9%
Q2 2017-0.9%+0.0%-0.7%
Q1 2017-4.3%-3.2%-0.1%
Q4 2016+1.5%+3.4%+3.6%
Q3 2016-1.3%-2.3%-0.7%
Q2 2016-2.3%-5.4%-8.9%
Q1 2016-1.0%
Q4 2015-2.8%
Q3 2015+0.8%
Q2 2015+1.1%
Q1 2015-0.9%
Q4 2014+0.3%
Q3 2014-1.1%
Q2 2014-0.1%
Q1 2014+1.2%
Q4 2013+0.2%
Q3 2013+0.2%
Q2 2013+0.4%
Q1 2013+0.1%
Q4 2012+0.3%
Q3 2012-2.0%
Q2 2012+3.8%
Q1 2012+0.2%
Q4 2011+1.1%
Q3 2011+4.0%
Q2 2011-0.1%
Q1 2010-1.2%
Q1 2011+1.3%
Q4 2008+0.3%
Q4 2010+0.3%
Q3 2010+2.8%
Q3 2009+2.8%
Q2 2010+4.9%
Q4 2009+4.9%
Q2 2009+4.9%

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