WASHINGTON (dpa-AFX) - Aqua America Inc. (WTR) reported a profit for its second quarter that rose from last year.
The company said its bottom line climbed to $59.63 million, or $0.33 per share. This was up from $57.38 million, or $0.32 per share, in last year's second quarter.
Analysts had expected the company to earn $0.33 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 0.9% to $203.88 million. This was down from $205.76 million last year.
Aqua America Inc. earnings at a glance:
-Earnings (Q2): $59.63 Mln. vs. $57.38 Mln. last year. -Earnings Growth (Y-o-Y): 3.9% -EPS (Q2): $0.33 vs. $0.32 last year. -EPS Growth (Y-o-Y): 3.1% -Analysts Estimate: $0.33 -Revenue (Q2): $203.88 Mln vs. $205.76 Mln last year. -Revenue Change (Y-o-Y): -0.9%
-Guidance: Full year EPS guidance: $1.30 - $1.35
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