American Water WorksNYSE: AWK

MECHANICSBURG, Pa.--(BUSINESS WIRE)--Pennsylvania American Water, part of American Water (NYSE: AWK), has announced that it has finished acquiring the wastewater collection system assets from Sadsbury Township in Lancaster County. This new system serves around 250 customers. "We are very happy to welcome the residents of Sadsbury Township as our new wastewater customers," said Pennsylvania American Water.

AWK's revenues for the third quarter have exceeded expectations. The company is benefiting from profitable acquisitions and is also investing to improve its operations.

American Water Works (AWK) reported quarterly earnings of $1.80 per share, which is lower than the Zacks Consensus Estimate of $1.84 per share. In comparison, the company earned $1.66 per share during the same period last year.

CAMDEN, N.J.--(BUSINESS WIRE)--The American Water Charitable Foundation, a nonprofit created by American Water (NYSE: AWK), the biggest regulated water and wastewater utility in the U.S., has announced a donation of $40,922 to the Camden Special Services District (CSSD) via the One Water Street Grant Program. This funding will help CSSD's Clean & Green Downtown Camden Initiative by providing 12 public recycling stations and 10 pet waste stations.

CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the biggest regulated water and wastewater utility in the U.S., has announced that it is looking for skilled and committed individuals to join its workforce. These job openings across the country show American Water's dedication to delivering clean, safe, reliable, and affordable water and wastewater services to communities. The available positions span different fields, such as Operations, Engineering, and Environmental Services.

CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the biggest regulated water and wastewater utility in the U.S., has announced a nationwide celebration for the 50th anniversary of the Safe Drinking Water Act (SDWA). This law, enacted by Congress in 1974, aims to safeguard public health by regulating the country's drinking water supply. The celebration will feature 50 days of highlights starting today and continuing until December 16, 2024.

SANTA ROSA, Calif.--(BUSINESS WIRE)--The American Water Charitable Foundation, a nonprofit created by American Water, the biggest regulated water and wastewater utility in the U.S., has announced that the Community Soil Foundation received a STEM (Science, Technology, Engineering, Math) Education grant. This grant will benefit communities served by California American Water in Sonoma County. “California American Water is dedicated to promoting STEM education.”

AWK's earnings for the third quarter are expected to increase due to the introduction of new rates and a growing demand from more customers.

Illinois American Water is making ongoing investments in its water and wastewater systems in the Alton District. Recent initiatives include adding ultraviolet treatment equipment at the Alton water treatment facility, a sewer separation project in downtown Alton, and replacing a water main on 9th Street between Atkinson Avenue and Market Street. The company aims to proactively enhance water services in Alton and across the state.