M. Hardwick
morning, Aaron, Thanks, and everyone. good
start I'll the covering Let's Slide X, of the turn to and some of half highlights by first year.
in yesterday, per expectations. period were both same X earnings were $X.XX share the XXXX, for per In results results announced share. line in compared half were Earnings with $X.XX of The for the year. we for months financial we delivered solid and the first the As XXXX. second $X.XX our quarter periods XXXX of and last to first quarter
I'll expected proceedings narrowing it than mechanism timing the several speak increases more XXXX from expectations had our which XXXX, shortly.
With to range. year-to-date guidance and by customer half in of half general filings raised EPS we so rate effective our based and have less case Our top be planned XXXX, declines latter bit in the the revenue about of were of a for guidance infrastructure usage we to execution being far the on
XXXX for John per expectations later. about will guidance bit per to $X.XX Our share our now results share a share. are and more $X.XX
accomplishments of $X.X from We first XXXX. some billion very year-to-date, our investments. in projects to in acquisitions our for completing of other add great again, in work key We and our on planning also so these capital far customers XX,XXX the Moving were invested teams responsible growth. year pleased to and by half organic reflecting
acquisitions safe, And of American nearly future sustainable a acquisitions we our as customers. latest has $XXX week, our for under have providing report to company's reliable been pleased we to service counting. and in remains strong This are Our very fulfilling we manner reflects how clean, publish outlook our sustainability It wastewater million XXX agreement. very for in and for mission earlier over XXXX. this water affordable and mission Water years were
as Turning acknowledge our the they and corporate regulatory strategy. recovery. continue great X the back to topic teams regulatory and successfully work of our of to regulatory I Slide on state execute to to want
will have all we which of completed Virginia, We already Indiana, in XXX% of in the made X capital West Kentucky and authorized have cases XXXX or state. Pennsylvania, in investments each make
reasonably some provide of timely will regulators later. be recovery that decided. have will Cheryl rate general additional infrastructure active I'm also little and confident mechanisms in general cases other a on our updates currently rate cases We several front
supportive we and and and want minute investments set to a of though. consolidation. will believe been regulatory wastewater that strategically water to I for zoom remind choose remain investors we of diverse operate that in Let's out a environments have utility
or rates signal wastewater average above. water for level per support of in below overflow underinvestment understand services don't American tremendous frequently year, legacy and relatively or you or states encourage keep to the to issues footprint. earlier keep $XX often and told we historic their our highest the solving water that residents. equate across Water work why and/or do reliability American low at Those significant often quality the all that Water investing continues invested receive I quality, to systems month the bills $XX this Policymakers federal As our state for policymakers growing, problems states. That's keep in adequately
on when need called there a are a community policymakers often to is by over We and take for experts system. regulators failing water
just Pennsylvania. have state in that of the very We recent of a example
a decided that XX invested June important invested by It's was just the and our the completed commission ago. XXX% just of short we end to months the case that approved It note XXXX. billion that Pennsylvania, $X XX. or investments since reflected July the released know, its capital be to case, last rate test in of case commission future was case year you XX, of the which our of As on order in a
pace investment wastewater is the our ensure confident and bills. to our absolute we that to increased simple. no course, service. to operate leads of in about Certainly, of of to water their the pace that customer the and made we the update drives systems the comments continue about of There citizens investments regulatory need, strategy received being investment Pennsylvania. that And are in for dispute and is where What need pace plain Pennsylvania,
to to At the every we though, the of from affordability, of customer investment for regulatory We to efforts day, and not planning issue efficiencies end in driving management direct aspect need are cost tariff the on is to our focused the drive decreasing. continue that ensure assistance. customer and approaches a innovative
the request. the only reconciliation Pennsylvania that outcome, order assess things order to understand are of X full it's As to helpful recent or X you reconcile there our the the difference. findings Really,
of need requested an ROE new higher reflective that frankly, fully increasingly X.XX% of $XXX about the of of name of few you XX.XX%. costs, request to and and and is a of which our $XX resiliency business increase just a regulations million recall The finding request, ROE because an risky Commission's for If drivers. revenue revenue. is differential of unsupported million ROE emerging An unprecedented we capital between an the and increasing and,
revenue Area Commission was the though up Additionally, Sewer of the million The from the removed is the few Authority not Butler of previously That requirement is our service authorized $XX from of a because revenue revenue. by requested delta the impact closed. request items. made approved cost acquisition, final fully remaining $XX has yet requirement transaction to million
to finding. ROE summary, order but fully request the for be reasonable, In found the our
expect Pennsylvania fully customers, this our among what our evaluate continue the we of fair part and but customers. states. We investment Investors our serve while that our is capital will what as present -- to serving be will various it of means return, in to result we mission opportunity allocation a certainly to our very overall provide
operations, and American of that discussed. keeping very the our acquisitions. long investors, what believe states customer X on very reasonable of in for investments affordable of you, we and believe a in organic to which CapEx our shareholder conducive further, And us true I the do I drivers sustainable regulatory to communities believe is there staying this fair on. and and earning and Slide are opportunities the of of leads value runway quality while the counting are return, the across bills high be regulatory states growth we're serve and sustainable Selectively, XX and continue on our a foundation we to We and built investment execution environments Water's making return we all to service through XX our for the competitive legislative just
This over solid years growth quarter, and growth is beyond. at clear tier the both next growth X X% plan long-term and regulatory again -- and execution. This earnings an and affirmation X% we targets pace operational on our capital targets, industry-leading of to are based affirming our our including top dividend
Our on confidence investors fronts targets. short-term achieve our these long-term our confidence and in track financial record and to execution should our give gives ability of us
and term. American we long have the execution continue Board leadership I the spend overall the John report With our will daily build of just intentional for foundation operations. to named our the development shift, has me This really American lead talent member. and continue company earnings about team few this lead excited strategies career as a Finally, through a of direction decision have Water some of the time, American been to our of I'm on I we as will and the will President news is He report minutes our pipeline for Water to and let to on leadership release. relay detailed me will in to a our strong executive leadership strategic of worked ensure is Board, a to effort it John. CEO and to an John continued Water.
led to role the COO increased capital development. continue in and her industry, we the her role When across more bring a ever-increasing lead she you expand reputation given is her as even now expansion consider this has her business our will expertise extensive quality and of Cheryl natural this country. water regulations program, how communities to solutions
President David Bowler, and has who you Treasurer. Nick and has been Vice quarter, Furia named next CFO; named Executive and been President from Vice will hear
David pleased we just words all X Cheryl, to say really few as a have me Nick roles. are their John, Let about and expand
strategy expertise commitment than industry a experience more and has to has and leading of in strong and teams, customers, shareholders. employees Most purpose, deep He well. and development company's and John of our execution. know understanding You XX he importantly, years our a high-performance significant knowledge
and as the leading sense American She of X Cheryl in and of served years operations. has expertise. incredible purpose our President of our more an led areas of strong XX our a all of experience She has Water. than too lab, states has job does
XX strategy and David in Deputy has experience industry and aspects significant has utility accounting, risk including our CFO of since deep XXXX. experience and strategy, He and capital in treasury, nearly the markets. planning, been financial years all management enterprise finance has and Treasurer of
our overseeing Director has has since key He treasury-related of also functions in CAP finance And Nick nearly management. roles. XX Furia and years and liquidity, Water acquisitions at Assistant American financing, accounting of of XXXX, served and has with as experience Treasurer experience flow, structure overall as American cash the served including Water years XX
we top strong have our believe expanded All are of We suited success the firmly commitment team. to an and for new their talent further have and already well leadership solidified roles. company a
and and updates, Board it are the this highly execution well the turn capital more into changes leadership to over Cheryl And excited the about Water now and plans our our confident support recent regulatory American of about will with of affordability Cheryl? Directors future. talk and I'll these to team that, plan. team Our the
