American Water Works Company, Inc.
American Water Works Reports 2024 Earnings, Announces CEO Transition
Summary
American Water Works Company, Inc. reported full-year 2024 earnings of $5.39 per share, representing an increase from $4.90 per share in 2023. The company also announced that CEO M. Susan Hardwick will retire on May 14, 2025, and be succeeded by John Griffith, currently the President of American Water. The company affirmed its long-term growth targets, including a guidance range of 7-9% for EPS and dividend growth. A detailed press release is furnished as Exhibit 99.1.
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About American Water Works Company, Inc.
American Water Works Company, Inc. is a prominent utility company that provides water and wastewater services across the United States. It primarily focuses on the operation and maintenance of water and wastewater utilities, ensuring the delivery of reliable clean water and proper treatment of wastewater for residential, commercial, and industrial customers. With a strong commitment to sustainability and community support, American Water Works is engaged in essential environmental stewardship practices to preserve natural resources. Serving millions of people, the company operates through subsidiaries in several states, playing a critical role in the water infrastructure sector. Its services ensure compliance with federal and state regulations, which safeguards public health and the environment. In the financial market, American Water Works is recognized for its stable operations and contributions to the utility sector, offering investors exposure to a critical and typically regulated industry that remains vital regardless of economic cycles.
Official SEC Documents
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