American Water Works Company, Inc. (AWK) CEO Susan Hardwick on Q1 2022 Results - Earnings Call Transcript

American Water Works Company, Inc. (NYSE:AWK) Q1 2022 Earnings Conference Call April 28, 2022 9:00 AM ET

Company Participants

Aaron Musgrave - Senior Director of Investor Relations

Susan Hardwick - Chief Executive Officer and Chief Financial Officer

Cheryl Norton - Executive Vice President and Chief Operating Officer

Conference Call Participants

Rebecca Yuan - Goldman Sachs

Ryan Greenwald - Bank of America

Gregg Orrill - UBS Securities

Operator

Good morning, and welcome to American Water's First Quarter 2022 Earnings Conference Call. As a reminder, this call is being recorded and is also being webcast with an accompanying slide presentation through the company's Investor Relations website. The audio webcast archive will be available for one year on American's Investor Relations website.

I'd now like to introduce your host for today's call, Mr. Aaron Musgrave, Senior Director of Investor Relations. Mr. Musgrave, you may now begin.

Aaron Musgrave

Thank you, Nick. 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 event, they are subject to numerous known and unknown risk, 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 risk, uncertainties and factors as well as the more detailed analysis of our financials and other important information is provided in the earnings release and on our March 31, 2022 Form 10-Q, each filed yesterday with the SEC. All statements during this presentation related to earnings and earnings per share refer to diluted earnings and earnings per share. Susan Hardwick, our President and CEO and CFO will discuss first quarter financial results 2022 earnings and long-term guidance and our commitment to ESG principles. Cheryl Norton, our Executive Vice President and COO, will then review our regulated growth strategy, including capital investments and regulatory proceedings in the first quarter. Susan will then comment on some exciting news we shared yesterday regarding our executive management team, before closing by answering your questions.