07.11.2014 19:11:02
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Connecticut Water Posts Lower Q3 Profit
(RTTNews) - Connecticut Water Service, Inc. (CTWS) reported net income for the third quarter of $8.4 million or $0.76 per share, compared to $9.4 million or $0.86 per share for the year-ago quarter.
Total revenues for the third quarter declined to $29.41 million from $29.57 million a year ago. Operating revenues for the quarter fell to $27.55 million from $27.63 million last year.
Analysts polled by Thompson Reuters expected the company to earn $0.77 per share on revenue of $27.59 million for the third quarter.
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