American Water Works Company, Inc. Q2 Income Falls 4%

(RTTNews) - American Water Works Company, Inc. (AWK) released a profit for second quarter that dropped from last year.

The company said its profit fell to $131 million, or $0.73 per share. This was lower than $137 million, or $0.77 per share, in last year's second quarter.

Analysts had expected the company to earn $0.80 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.1% to $844 million. This was up from $827 million last year.

American Water Works Company, Inc. earnings at a glance:

-Earnings (Q2): $131 Mln. vs. $137 Mln. last year. -Earnings Decline (Y-o-Y): -4.4% -EPS (Q2): $0.73 vs. $0.77 last year. -EPS Decline (Y-o-Y): -5.2% -Analysts Estimate: $0.80 -Revenue (Q2): $844 Mln vs. $827 Mln last year. -Revenue Change (Y-o-Y): 2.1%

-Guidance: Full year EPS guidance: $2.98 - $3.08