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American Water Works: Q2 Earnings Snapshot
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CAMDEN, N.J. (AP) — CAMDEN, N.J. (AP) — American Water Works (AWK) on Wednesday reported second-quarter profit of $315 million.

The Camden, New Jersey-based company said it had profit of $1.61 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.59 per share.

The water utility posted revenue of $1.36 billion in the period.

American Water Works expects full-year earnings in the range of $6.02 to $6.12 per share.

American Water Works shares have risen roughly 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $138.09, a drop of 2% in the last 12 months.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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