American Water Earnings Sail by Wall Street's Expectation
American Water Works (NYSE: AWK) stock gained 2.9% in after-hours trading on Monday, following the U.S. water and wastewater utility giant's release of its third-quarter report. Investors' positive initial reaction was largely attributable to the quarter's earnings easily surpassing the Wall Street consensus estimate.
The stock's movement on Tuesday will likely also be influenced by overall market dynamics and the information that management shares on the analyst conference call, which is scheduled for Tuesday at 9 a.m. ET.
Data source: American Water Works.
Source Fool.com
