American Water Q3 pretax profit $499 million
AWK•American Water reported third-quarter pretax profit of $499 million, revenue of $1.51 billion and net income of $387 million. Revenue was below the IBES estimate of $1.562 billion, while operating income of $641 million fell short of the $674.5 million estimate.
1. Quarterly results
American Water reported third-quarter operating expenses of $869 million and operating income of $641 million, compared with an IBES estimate of $674.5 million. Revenue was $1.51 billion versus an IBES estimate of $1.562 billion, and net income was $387 million.
