American Water said full-year 2024 earnings per share were $5.39, higher than $4.90 in 2023, and Q4 2024 earnings per share were $1.22 compared to $0.88 in the same period a year earlier. The company cited the implementation of new rates in the Regulated Businesses as a factor in the increase.

1. 01

   American Water said full-year 2024 earnings per share were $5.39, higher than $4.90 in 2023, and Q4 2024 earnings per share were $1.22 compared to $0.88 in the same period a year earlier. The company cited the implementation of new rates in the Regulated Businesses as a factor in the increase.

2. 02

   American Water said Regulated Businesses full-year 2024 net income was $1.1 billion, compared to $971 million in 2023, and that since January 1, 2024 the company has been authorized additional annualized revenues of approximately $389 million from general rate cases.

3. 03

   American Water said it invested $3.3 billion in infrastructure improvements and growth in 2024, of which $417 million was used for regulated acquisitions. John Griffith, president of American Water, said the company completed 13 acquisitions and added nearly 70,000 customer connections.

4. 04

   American Water said it affirmed its 2025 earnings per share guidance range of $5.65 to $5.75, which includes approximately $0.10 of incremental interest income. The company also announced that CEO M. Susan Hardwick will retire on May 14, 2025, and John C. Griffith will succeed her.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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