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American Water Q2 Profit Rises, But Revenue Misses Street View


American Water Q2 Profit Rises, But Revenue Misses Street View
WASHINGTON (dpa-AFX) - American Water Works Company, Inc (AWK) Monday reported an increase in profit for the second quarter. Earnings for the quarter trumped Street estimates, while revenue failed to meet expectations.
Profit for the quarter was $207 million or $1.14 per share, up from $176 million or $0.97 per share in the same quarter last year. Nine analysts polled by Thomson Reuters expected earnings of $1.09 for the quarter.
Operating revenue increased to $999 million from $931 million in 2020, but still missed Street view of $1.01 billion. Revenue growth was driven by weather that drove up the demand for water, the company said. ....

United States , Walter Lynch , Thomson Reuters , American Water Works Company Inc , Water Works Company , ஒன்றுபட்டது மாநிலங்களில் , வால்டர் லிஞ்ச் , தாம்சன் ராய்ட்டர்ஸ் , அமெரிக்கன் தண்ணீர் வேலை செய்கிறது நிறுவனம் இன்க் , தண்ணீர் வேலை செய்கிறது நிறுவனம் ,