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| AWK > SEC Filings for AWK > Form 8-K on 4-Sep-2012 | All Recent SEC Filings |
4-Sep-2012
Regulation FD Disclosure
American Water Works Company, Inc. ("American Water") is furnishing this Current Report on Form 8-K to reaffirm previously disseminated guidance that 2012 earnings from continuing operations, assuming normal weather patterns for the balance of the year, are estimated to be in the range of $2.12 to $2.22 per share. American Water's earnings forecast is subject to numerous risks, including those described under "Forward-Looking Statements" below and under "Risk Factors" in its Annual Report on Form 10-K for the fiscal year ended December 31, 2011.
Forward-Looking Statements
The earnings guidance set forth above is a forward-looking statement within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This forward-looking statement is a prediction based on American Water's current expectations and assumptions regarding future events. Actual results could differ materially from the earnings guidance because of factors such as the decisions of governmental and regulatory bodies, including decisions to raise or lower rates; the timeliness of regulatory commissions' actions concerning rates; changes in laws, governmental regulations and policies, including environmental, health and water quality, and public utility regulations and policies; weather conditions, patterns or events, including drought or abnormally high rainfall; changes in customer demand for, and patterns of use of, water, such as may result from conservation efforts; American Water's ability to effect significant changes to its business processes and corresponding technology; its ability to appropriately maintain current infrastructure and manage the expansion of its business; its ability to obtain permits and other approvals for projects; delays in project completion; changes in its capital requirements; its ability to control operating expenses and to achieve efficiencies in its operations; its ability to obtain adequate and cost-effective supplies of chemicals, electricity, fuel, water and other raw materials that are needed for its operations; its ability to successfully acquire and integrate water and wastewater systems that are complementary to its operations and the growth of its business or dispose of assets or regulatory systems that it determines should no longer be part of its portfolio; cost overruns relating to improvements or the expansion of its operations; changes in general economic, business and financial market conditions; access to sufficient capital on satisfactory terms; fluctuations in interest rates; restrictive covenants in or changes to the credit ratings on American Water's current or future debt that could increase its financing costs or affect its ability to borrow, make payments on debt or pay dividends; fluctuations in the value of benefit plan assets and liabilities that could increase its cost and funding requirements; migration of customers into or out of its service territories; difficulty in obtaining insurance on acceptable terms and conditions; its ability to retain and attract qualified employees; the incurrence of impairment charges; labor actions including work stoppages and strikes; and civil disturbance, terrorist threats or acts, or public apprehension about future disturbances or terrorist threats or acts. For a further discussion of the risks relating to American Water's business, see Item 1A, "Risk factors" in its Annual Report on Form 10-K for the fiscal year ended December 31, 2011. American Water expressly disclaims any obligation to update these forward-looking statements, except as otherwise specifically stated by American Water or as required by law.
The information in this Item 7.01 shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed
incorporated by reference in any American Water filing under the Securities Act
of 1933, except as shall be expressly set forth by specific reference in such
filing.
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