American Water Works Company, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 8.82% to $0.31 in the quarter versus EPS of $0.34 in the year-earlier quarter.

Revenue: Rose 9.17% to $680.9 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: American Water Works Company, Inc. reported adjusted EPS income of $0.31 per share. By that measure, the company missed the mean analyst estimate of $0.34. It missed the average revenue estimate of $699.64 million.

Quoting Management: “2012 was a year of very strong financial performance on all fronts, with a 20 percent increase in earnings per share from continuing operations,” said Jeff Sterba, president and CEO of American Water. “While sales were increased by abnormally hot, dry weather in the summer, EPS from continuing operations still increased 12 to 14 percent after adjusting for this estimated weather impact.”

Key Stats (on next page)…

Revenue decreased 18.14% from $831.82 million in the previous quarter. EPS decreased 64.37% from $0.87 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.35 and has not changed. For the current year, the average estimate has moved down from a profit of $2.19 to a profit of $2.14 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)