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Sep 30, 2021
American Water Q3 2021 Earnings Report
Reported solid third-quarter earnings, affirmed 2021 guidance, announced 2022 guidance, long-term growth targets, and capital investment plans.
Key Takeaways
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.
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
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Avg. Return Before/After Earnings
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