Reports Q4 revenue $931M, consensus $923.9M. "American Water successfully executed on our strategies in 2022, achieved on-plan earnings growth, and again delivered strong dividend growth to investors. Importantly, we achieved constructive outcomes in general rate cases in three of our largest jurisdictions – New Jersey, Pennsylvania, and Illinois," said Susan Hardwick, CEO. We invested a record $2.6 billion across our business, led by infrastructure renewal, and completed 26 regulated acquisitions during the year. We are also proud that 2022 marked our best year of safety performance on record, and that we established additional GHG emissions reduction goals, including a net zero target by 2050," added Hardwick. "We are excited about this positive momentum as we begin 2023."
Published first on TheFly
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