American Water Works narrowed its full-year earnings forecast October 28 and issued a standalone outlook for 2027 after reporting third-quarter results.
GAAP earnings were $1.94 per share for the quarter ended September 30, unchanged from a year earlier. Adjusted earnings increased to $2.00 per share from $1.89. The adjusted figures exclude specified items and differ from standard accounting results.
The utility now projects adjusted 2026 earnings of $6.07–$6.12 per share, raising the lower end of its earlier $6.02–$6.12 range. It set a standalone 2027 adjusted earnings forecast of $6.53–$6.63 per share.
American Water said it invested $2.8 billion in infrastructure improvements and growth during the first nine months, including $437 million for regulated acquisitions. It continues to plan approximately $3.7 billion in total investment for 2026.
The company said work toward its proposed Essential Utilities merger continues, with closing anticipated by the end of the first quarter of 2027. The standalone forecast and proposed combination remain distinct from completed results.
Sources American Water release, distributed by PR Newswire: https://ca.marketscreener.com/news/american-water-reports-solid-third-quarter-2026-results-narrows-2026-eps-guidance-to-top-half-of-ra-ce785cd3d88bfe2c