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01.11.2016 21:39:28

Aqua America Inc. Earnings Rise 9% In Q3

(RTTNews) - Aqua America Inc. (WTR) revealed a profit for its third quarter that rose from last year.

The company said its bottom line rose to $73.17 million, or $0.41 per share. This was up from $67.43 million, or $0.38 per share, in last year's third quarter.

Analysts had expected the company to earn $0.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.5% to $226.59 million. This was up from $221.05 million last year.

Aqua America Inc. earnings at a glance:

-Earnings (Q3): $73.17 Mln. vs. $67.43 Mln. last year. -Earnings Growth (Y-o-Y): 8.5% -EPS (Q3): $0.41 vs. $0.38 last year. -EPS Growth (Y-o-Y): 7.9% -Analysts Estimate: $0.40 -Revenue (Q3): $226.59 Mln vs. $221.05 Mln last year. -Revenue Change (Y-o-Y): 2.5%

-Guidance: Full year EPS guidance: $1.30 - $1.35

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