NYSE$AWK

American Water Works Co Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported solid third-quarter earnings, affirmed 2021 guidance, announced 2022 guidance, long-term growth targets, and capital investment plans.

American Water reported third quarter 2021 diluted earnings of $1.53 per share, compared to $1.46 per share in 2020, demonstrating continued business growth through consistent execution of strategies.

  • Third quarter 2021 diluted earnings were $1.53 per share, compared to $1.46 per share in 2020.
  • Year-to-date 2021 diluted earnings were $3.40 per share, compared to $3.11 per share in 2020.
  • 2021 diluted earnings per share (EPS) guidance range of $4.18 to $4.28 per share affirmed, excluding any estimated impact from a closing of the announced sale of Homeowner Services business (HOS) in 2021.
  • 2022 diluted EPS guidance range of $4.39 to $4.49 established, reflective of continued growth of the Regulated Businesses and announced sale of HOS.

Headline financials

Total Revenue

$1.09B

Previous: $1.07B+1.9%
EPS (adj)

$1.53

Previous: $1.46+4.8%
Capital Expenditures

-$453M

Previous: -$444M-2.0%
Free Cash Flow

-$175M

Previous: -$180M+2.8%
Net Income

$278M

Previous: $264M+5.3%
Operating Income

$417M

Previous: $433M-3.7%
Gross Profit

$656M

Previous: $660M-0.6%
Cash & Equivalents

$70M

Previous: $560M-87.5%
Total Assets

$25.3B

Previous: $24.4B+3.8%

Revenue & EPS history

American Water · Revenue · Quarterly

$1.09B

Q3 2021+1.9%vs Q3 2020
Beat estimate in 8 of 16 quarters(50%)
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. This guidance range assumes normal weather for the remainder of the year and does not reflect any estimated impact from the sale of HOS, which is expected to close in the fourth quarter of 2021.

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 Q3 2021

Historical avgQ3 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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro