American Water posts Q3 2026 earnings, narrows 2026 EPS outlook and sets 2027 guidance while merger advances
American Water reported third‑quarter 2026 adjusted earnings of $2.00 per share, compared with $1.89 a year earlier. The company tightened its full‑year 2026 adjusted EPS range to $6.07‑$6.12 and introduced standalone 2027 guidance of $6.53‑$6.63, implying about 8% growth. It confirmed that the pending merger with Essential Utilities remains on track for completion by the end of the first quarter of 2027, with regulatory approvals secured in three states.
Why it matters
The narrowed 2026 EPS range reduces uncertainty for investors and the 2027 guidance signals continued earnings growth. The expected merger could create a larger regulated utility platform, potentially enhancing cash flow and dividend sustainability.
Key facts
- 1Adjusted earnings per share for Q3 2026 were $2.00, versus $1.89 in the same quarter of 2025. prnewswire.com
- 2Full‑year 2026 adjusted EPS guidance was narrowed to a range of $6.07 to $6.12 per share. prnewswire.com
- 3Standalone 2027 adjusted EPS guidance was set at $6.53 to $6.63 per share, reflecting roughly 8% growth at the midpoint. prnewswire.com
- 4The company’s 2026 capital investment plan totals $3.7 billion and is proceeding as scheduled. prnewswire.com
- 5Progress on the merger with Essential Utilities includes approvals in Pennsylvania, North Carolina and Texas, with a target closing by Q1 2027. prnewswire.com
- 6Year‑to‑date 2026 capital projects and acquisitions have required $2.8 billion of spending. finance.yahoo.com
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.