The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

StocksMediumUpdated•Originally published 29 April 2026•Updated 30 April 2026•

1 min read

Mixed Q1 Earnings for US Stocks as Everest Group Beats While MGM Misses

Key Facts

1American Water Works (AWK) reported quarterly earnings of $1.01 per share, missing the estimate of $1.1 per share.

2Everest Group (EG) reported earnings of $16.08 per share, significantly beating the estimate of $14.03 per share.

about 1 month ago

Version History

1 additional source confirmed this story

Version 1about 1 month ago

What changed: Added specific Q1 profit and revenue figures for American Water Works along with its long-term financial guidance for 2029.

The first-quarter earnings season for major US corporations revealed a mixed performance landscape, with American Water Works (AWK) reporting a profit of $196 million, or $1.01 per share, missing the $1.1 estimate despite revenue rising to $1.207 billion. Conversely, Everest Group (EG) delivered a robust performance with earnings of $16.08 per share, significantly outpacing the projected $14.03. In the leisure sector, MGM Resorts posted earnings of $0.49 per share, lagging behind the analyst consensus of $0.56. Looking ahead, American Water Works issued long-term guidance, aiming for revenue to exceed $6 billion and earnings to reach $1.4 billion by 2029. These results highlight varying degrees of operational resilience across the utilities, insurance, and hospitality sectors as investors gauge the overall health of US equities.