American Water Works Company, Inc. (NYSE:AWK) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET
Company Participants
Aaron Musgrave - VP, IR
Susan Hardwick - President, CEO
John Griffith - EVP, CFO
Cheryl Norton - EVP, COO
Conference Call Participants
Richard Sunderland - JP Morgan
Paul Zimbardo - Bank of America
Jonathan Reeder - Wells Fargo
Gregg Orrill - UBS
Aditya Gandhi - Wolfe Research
Operator
Good day, and welcome to American Water's Third Quarter 2023 Earnings Conference Call. As a reminder, this call is being recorded and is also being webcast within an accompanying slide presentation through the company's Investor Relations website. The audio webcast archive will be available for one year on American Water's Investor Relations website.
I'd now like to introduce you to your host for today's call, Aaron Musgrave, Vice President of Investor Relations. Mr. Musgrave, you may begin.
Aaron Musgrave
Thank you, Chris. Good morning, everyone, and thank you for joining us for today's call. At the end of our prepared remarks, we will open the call for your questions. Let me first go over some safe harbor language.
Today, we will be making forward-looking statements that represent our expectations regarding our future performance or other future events. These statements are predictions based on our current expectations, estimates and assumptions. However, since these statements deal with future events, they are subject to numerous known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from the results indicated or implied by such statements.
Additional information regarding these risks, uncertainties and factors as well as a more detailed analysis of our financials and other important information is provided in the third quarter earnings release and in our September 30 Form 10-Q, each filed yesterday with the SEC. And finally, all statements during this presentation related to earnings and earnings per share refer to diluted earnings and diluted earnings per share.
Susan Hardwick, our President and CEO, will share highlights of third quarter and year-to-date results and will comment on our 2024 EPS guidance and longer-term targets. Cheryl Norton, our Executive Vice President and COO, will then discuss our new capital investment plan, including the expected impact of PFAS-related investments, and will conclude with a regulatory update, including our views on customer affordability. John Griffith, our Executive Vice President and CFO, will then discuss our year-to-date financial results in more detail, discuss our acquisition outlook, and will close with details behind our 2024 outlook and longer-term goals and our 2024 to 2028 financing plan. After a few final remarks, we'll then close by answering your questions.