Regulated Acquisitions and Growth Outlook
Strong 2023 Results: Executing the Plan
EPS Growth Driven by Regulatory Execution, Favorable Weather
$3.70
Earnings Per Share
$4.03
$1.66
$1.63
$2.37
$2.07
2022
2023
AMERICAN WATER
2023 YTD Highlights
✓ 2023 includes new rates effective in PA, IL, VA and MO; cases
filed in IN, WV, KY and VA; CA case proceeding as expected
Invested approx. $1.8 billion in infrastructure
✓ $611M of acquisitions under agreement as of September 30
Issued approx. $1.7 billion in common stock in March and
$1.0 billion in exchangeable senior notes in June, due 2026
2021-2022 Sustainability Report published in July
✓ Q3 and YTD 2023 EPS of $1.66 and $4.03 driven by higher
revenue on increased rate base and favorable impact due to
weather of ~$0.04 and ~$0.11, respectively
I First Half Q3
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