AI Earnings Predictions for American Water Works Company Inc. (AWK)

EX-99.1

2 ex991-9302026q3pressrelease.htm

EX-99.1

Document

Exhibit 99.1

October 28, 2026Investor Contact:

Aaron Musgrave

Vice President, Investor Relations

856-955-4029

aaron.musgrave@amwater.com

Media Contact:

Maureen Duffy

Executive Vice President, Communications and External Affairs

856-955-4163

maureen.duffy@amwater.com

AMERICAN WATER REPORTS SOLID THIRD QUARTER 2026 RESULTS

NARROWS 2026 EPS GUIDANCE TO TOP HALF OF RANGE

AFFIRMS LONG-TERM TARGETS

INITIATES STANDALONE 2027 EPS GUIDANCE, REFLECTING GROWTH OF 8%

•Third quarter 2026 GAAP earnings were $1.94 per share, compared to $1.94 per share in 2025; year-to-date 2026 GAAP earnings were $4.56 per share, compared to $4.47 per share in 2025

◦Third quarter 2026 adjusted (non-GAAP) earnings of $2.00 per share, compared to $1.89 per share in the same quarter in 2025 and year-to-date 2026 adjusted (non-GAAP) earnings of $4.63 per share, compared to $4.40 per share in the same period in 2025

•2026 adjusted earnings per share (EPS) guidance range is narrowed to $6.07 to $6.12 from $6.02 to $6.12; long-term targets affirmed

•Initiating standalone 2027 earnings per share guidance range of $6.53 to $6.63

•Significant regulatory execution YTD on several fronts, including in PA and NJ, with new rates in effect in Q3

•2026 capital investment plan of $3.7 billion on track; approximately 81,000 customer connections added from acquisitions through September 30, which includes the Nexus Water systems

•Progress continues on proposed merger with Essential Utilities; three states have approved and settlements have been reached in Pennsylvania, North Carolina and Texas

CAMDEN, N.J., October 28, 2026 - American Water Works Company, Inc. (NYSE: AWK) today reported adjusted earnings for the quarter ended September 30, 2026, of $2.00 per share, compared to $1.89 per share for the same quarter in 2025, and $4.63 per share for the year-to-date period ended September 30, 2026, compared to $4.40 per share for the same period in 2025.

“The company has delivered solid results to date in 2026, including key regulatory outcomes that provide for a reasonable and timely return on the investments made for the benefit of our customers,” said John Griffith, President and CEO of American Water. “Looking forward to 2027 and beyond, we are fully confident that our long record of consistent execution on the plans we set will continue.”

“On the merger front, we continue to work toward closing the merger with Essential Utilities by the end of the first quarter of 2027 as anticipated. We are encouraged by the continued progress we and Essential are making in the regulatory approval process, including reaching settlement agreements in several states, and with our merger integration planning activities.”

PRESS RELEASE

1 www.amwater.com

2026 Adjusted EPS Guidance Narrowed to Top Half of Range

The company’s 2026 adjusted EPS guidance range has been narrowed to $6.07 to $6.12, from the previous 2026 adjusted EPS guidance range of $6.02 to $6.12. The 2026 adjusted EPS guidance range does not include (i) transaction costs to be incurred by the company during 2026 related to the proposed merger with Essential Utilities, Inc. (“Essential Utilities”), (ii) impacts of weather during 2026, and (iii) incremental interest income through February 13, 2026 related to the 2024 amendment of the former Homeowner Services Group (“HOS”) secured seller note. See “Adjustments to GAAP” below for more information about this non-GAAP financial measure.

2027 Standalone EPS Guidance and Long-Term Targets

•    2027 standalone adjusted earnings per share guidance range of $6.53 to $6.63 established, 8% EPS growth at midpoint compared to 2026 adjusted EPS guidance range. See “Adjustments to GAAP” below for more information about this non-GAAP financial measure.

•    All standalone long-term targets remain unchanged

•Long-term EPS growth of 7-9%

•Long-term rate base growth of 8-9% (including acquisitions)

•Acquired customer addition growth of 2%

•Long-term dividend per share growth of 7-9%

•    Updated standalone capital investment plan of $20+ billion for 2026-2030 and $48+ billion for 2026-2035

•2027 standalone capital investment plan of $4.1 billion

Consolidated Results and Adjusted Earnings Per Share Reconciliation (a non-GAAP measure)

For the Three Months Ended September 30,For the Nine Months Ended September 30,

2026202520262025

Diluted earnings per share (GAAP):

Net income attributable to shareholders$1.94 $1.94 $4.56 $4.47

Non-GAAP adjustments:

Estimated impact of weather0.04 (0.04)0.03 —

Income tax impact(0.01)0.01 (0.01)—

Net non-GAAP adjustment0.03 (0.03)0.02 —

Incremental interest income from amended HOS seller note— (0.04)(0.01)(0.11)

Income tax impact— 0.01 — 0.03

Net non-GAAP adjustment— (0.03)(0.01)(0.08)

Transaction costs associated with the pending merger with Essential Utilities0.04 0.02 0.08 0.02

Income tax impact(0.01)(0.01)(0.02)(0.01)

Net non-GAAP adjustm

EX-99.1

2 ex991-6302026q2pressrelease.htm

EX-99.1

Document

Exhibit 99.1

July 29, 2026Investor Contact:

Aaron Musgrave

Vice President, Investor Relations

856-955-4029

aaron.musgrave@amwater.com

Media Contact:

Maureen Duffy

Executive Vice President, Communications and External Affairs

856-955-4163

maureen.duffy@amwater.com

AMERICAN WATER REPORTS SOLID SECOND QUARTER 2026 RESULTS

AFFIRMS 2026 EPS GUIDANCE AND LONG-TERM TARGETS

•Second quarter 2026 GAAP earnings were $1.61 per share, compared to $1.48 per share in 2025; year-to-date 2026 earnings were $2.61 per share, compared to $2.53 per share in 2025

◦Second quarter 2026 adjusted (non-GAAP) earnings of $1.61 per share, compared to $1.49 per share in the same quarter in 2025 and year-to-date 2026 adjusted earnings of $2.62 per share, compared to $2.51 per share in the same period in 2025

•2026 earnings per share guidance range of $6.02 to $6.12 affirmed; long-term targets affirmed

•Significant regulatory execution YTD on several fronts, including PA with new rates to go into effect August 13

•2026 capital investment plan of $3.7 billion on track; approx. 52,000 customer connections added from acquisitions through June 30, which includes the Nexus Water systems

•Progress continues on proposed merger with Essential Utilities; three states have approved, settlement in principle reached in Texas, and integration planning progressing

CAMDEN, N.J., July 29, 2026 - American Water Works Company, Inc. (NYSE: AWK) today reported adjusted results for the quarter ended June 30, 2026, of $1.61 per share, compared to $1.49 per share for the same quarter in 2025 and $2.62 per share for the year-to-date period ended June 30, 2026, compared to $2.51 per share for the same period in 2025.

“The company has delivered solid results for the first half of the year and we are pleased to have received a constructive decision in our Pennsylvania general rate case to begin the second half of 2026,” said John Griffith, President and CEO of American Water. “We are also encouraged with the continuing progress we and Essential Utilities are making in merger integration planning and have received three state regulatory approvals for the merger so far,” added Griffith.

PRESS RELEASE

1 www.amwater.com

2026 EPS Guidance and Long-Term Financial Targets Affirmed

The company affirms its 2026 adjusted earnings per share (“EPS”) guidance range of $6.02 to $6.12 (non-GAAP). The 2026 adjusted EPS guidance range does not include (i) transaction costs to be incurred by the company during 2026 related to the proposed merger with Essential Utilities, Inc. (“Essential Utilities”), (ii) impacts of weather during 2026, and (iii) incremental interest income through February 13, 2026 related to the 2024 amendment of the former Homeowner Services Group (“HOS”) secured seller note. Management is unable to present a reconciliation of the adjusted EPS guidance range to a GAAP guidance range without unreasonable effort because management cannot reliably predict the nature, amount or probable significance of all of such adjustments for future periods; however, these adjustments may, individually or in the aggregate, cause adjusted EPS to differ significantly from GAAP EPS. The company also affirms its long-term financial targets, including its long-term EPS and dividend growth rate targets of 7-9%. The company’s earnings forecasts are subject to numerous risks and uncertainties, including, without limitation, those described under “Adjustments to GAAP” and “Cautionary Statement Concerning Forward-Looking Statements” below and under “Risk Factors” in its annual, quarterly, and current reports filed with the Securities and Exchange Commission (“SEC”).

Consolidated Results and Adjusted Earnings Per Share Reconciliation (a non-GAAP measure)

For the Three Months Ended June 30,For the Six Months Ended June 30,

2026202520262025

Diluted earnings per share (GAAP):

Net income attributable to shareholders$1.61 $1.48 $2.61 $2.53

Non-GAAP adjustments:

Estimated impact of weather(0.01)0.04 (0.01)0.04

Income tax impact— (0.01)— (0.01)

Net non-GAAP adjustment(0.01)0.03 (0.01)0.03

Incremental interest income from amended HOS seller note— (0.03)(0.01)(0.07)

Income tax impact— 0.01 — 0.02

Net non-GAAP adjustment— (0.02)(0.01)(0.05)

Transaction costs associated with the pending merger with Essential Utilities0.01 — 0.04 —

Income tax impact— — (0.01)—

Net non-GAAP adjustment0.01 — 0.03 —

Total net adjustments— 0.01 0.01 (0.02)

Adjusted diluted earnings per share (non-GAAP)$1.61 $1.49 $2.62 $2.51

Revenue growth through the implementation of new rates for both the three- and six-month 2026 periods in the Regulated Businesses from the recovery of capital and acquisition investments was partially offset by increased operating costs and higher depreciation and financing costs to support the current capital investment plan.

During the first six months of 2026, the company invested $1.8 billion in i

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