Regulated Acquisitions and Growth Outlook
Summary of YTD 2023 Results
Affirming 2023 EPS Guidance of $4.72 to $4.82 (weather-normalized)
•
2023 Growth Drivers
Revenue growth from infrastructure investments
New rates mitigating the majority of inflationary
cost increases and higher pension costs
Regulated acquisitions also driving revenue growth
AMERICAN WATER
2023 Headwinds
Elevated chemical costs through Q3, seeing signs of
leveling off
Higher interest rate environment
0.11
$3.70
(0.06)
Q3 YTD
2022
1.15
Weather in
2023
Weather in
Revenue
2022
*Includes $(0.22) of share count dilution.
(0.33)
(0.17)
0.01
$4.03
(0.28)
(0.10)
O&M
~75% of inflationary costs incl. in
revenue from recent rate cases
Depreciation
LT Financing *
ST Debt Financing
Other, net
Q3 YTD
2023
Investment Growth
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