How did AWK's revenue and expenses trend in Q4 2024?

American Water Works Company Inc. (AWK) exhibited robust growth in revenue and earnings for the quarter ended December 31, 2024, surpassing market expectations:

1. **Revenue Growth**: AWK's revenue surged by 16.4% year-over-year, reaching $1.20 billion in Q4 2024, compared to $1.04 billion in the same quarter of the previous year. This increase was driven by higher water and wastewater services, reflecting the company's successful expansion and operational efficiency.
2. **Net Income Increase**: The company reported a quarterly net income of $239 million, indicating a significant upward trajectory in profitability compared to the previous year's net income of $205 million for the same quarter.
3. **Operating Expenses Management**: AWK effectively managed its operating expenses, which are a critical component of the company's net income. The company's ability to control costs, combined with increased revenues, contributed to the improved financial performance.
4. **General and Administrative Expenses**: Specific data on general and administrative expenses for Q4 2024 is not available. However, the company's overall financial performance and the fact that it exceeded revenue expectations suggest that general and administrative expenses were likely well-managed.

In summary, AWK's revenue and net income demonstrated strong growth in Q4 2024, driven by effective revenue segmentation, strategic geographical expansion, and robust operational efficiency. The company's ability to manage costs, including general and administrative expenses, likely contributed to its positive financial outcomes.