American Water Works Company, Inc. (AWK) on Wednesday reported first-quarter net income of $196 million or $1.00 per share, compared to $205 million or $1.05 per share last year.
Adjusted earnings were $1.01 per share, compared to $1.02 per share for the same quarter in 2025.
Operating revenues were $1.207 billion, compared to $1.142 billion last year.
"The company has delivered solid first quarter results and we are affirming our long-term targets for both earnings and dividend growth at 7 to 9 percent," said John Griffith, President and CEO of American Water.
"We are also encouraged with the progress we and Essential have made thus far in merger integration planning work and were pleased to receive the first state regulatory approval for the merger last week in Kentucky," added Griffith.
The company affirms its 2026 adjusted earnings per share guidance range of $6.02 to $6.12.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.