American Water Reports 2015 Fourth Quarter and Year-End Results

By Keystone Clearwater Solutions -

Fourth quarter 2015 diluted earnings per share from continuing operations increased 5.8 percent to 55 cents compared to the fourth quarter 2014

2015 diluted earnings per share from continuing operations increased 10.5 percent to $2.64 compared to full year 2014

2015 adjusted diluted earnings per share from continuing operations increased 8.6 percent

Company affirms 2016 earnings guidance from continuing operations of $2.75 to $2.85 per diluted share  

“This past year was one of continued strong growth for American Water and outstanding execution by our employees,” said Susan Story, president and CEO of American Water. “Our results were strong, with adjusted earnings per diluted share increasing 8.6 percent, just above the midpoint of our long-term growth outlook of seven to 10 percent. And we invested more capital in our water and wastewater systems than any year in the company’s 130-year history, all to provide safe, clean, reliable and affordable service to our customers.

Read the full article at – American Water Reports 2015 Fourth Quarter and Year-End Results