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Connecticut Water Service (CTWS) Tops Q2 EPS by 18c

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Connecticut Water Service, Inc. Reports Six Month Earnings

August 9, 2016 9:02 AM EDT

CLINTON, CONNECTICUT, Aug. 09, 2016 (GLOBE NEWSWIRE) -- Connecticut Water Service, Inc. (NASDAQ GS: CTWS) announced Net Income of $13.1 million, or earnings per basic average share (EPS) of $1.19, on total revenues of $50.7 million in the first six months of 2016. Total revenues include revenues generated by the Companys three business segments: Water Operations, Service and Rentals, and Real Estate. In the same period of 2015, the Company had Net Income of $11.8 million, or $1.07 EPS, on total revenues of $50.1 million.

Operating Results First Six MonthsNet Income in the Companys core business, the Water... More