American Water Works Company, Inc. Q3 2025 Earnings and 2026 Outlook

American Water Works Company, Inc. reported strong third quarter 2025 results with earnings per share (EPS) of $1.94, compared to $1.80 in the same period in 2024. Year-to-date EPS for 2025 was $4.47, up from $4.17 in 2024. The company affirmed its 2025 EPS guidance range of $5.70 to $5.75, which includes $0.10 per share of incremental interest income from the amended Homeowner Services Group (HOS) note. Additionally, the company initiated 2026 EPS guidance of $6.02 to $6.12, reflecting an 8% growth at the midpoint compared to the 2025 weather-normalized EPS guidance range. The company also announced a merger with Essential Utilities, expected to close by the end of the first quarter of 2027, subject to regulatory approvals. The merger aims to enhance the scale of the company and combine two complementary businesses with significant growth potential.