American Water Works Co Inc

AWK: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$639.00	Rhxrl	Xtlkqkvy

Regulatory Calendar Critical to American Water's Ability to Manage Inflation

Andrew Bischof

Jul 28, 2022

We are reaffirming our $131 per share fair value estimate after American Water reported second-quarter operating earnings of $1.20 per share, compared with $1.14 in the same year-ago period. The company reaffirmed 2022 earnings guidance of $4.39 to $4.49 and its long-term 7%-9% growth target, both in line with our estimates. Our narrow moat and stable moat trend remain unchanged.

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