American Water Works' second quarter 2026 revenue and EPS beat estimates while the company affirmed its full-year guidance.

American Water Works reported second quarter 2026 revenue of $1.36 billion and adjusted EPS of $1.61, beating analyst estimates. The company affirmed its full-year 2026 guidance and long-term growth targets, citing constructive regulatory outcomes and progress on its merger with Essential Utilities.

Key Highlights

• Adjusted EPS of $1.61 grew 8% from $1.49 in the prior-year quarter, driven by revenue from new rates and acquisitions, which offset higher operating costs.
• Management affirmed its full-year 2026 adjusted EPS guidance range of $6.02 to $6.12 and its long-term EPS and dividend growth rate targets of 7-9%.
• The company noted continued progress on its proposed merger with Essential Utilities, having now received three state regulatory approvals.