Connecticut Water Service (CTWS) Reports Q4 EPS of $0.77

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Go back to Connecticut Water Service (CTWS) Reports Q4 EPS of $0.77

Connecticut Water Service, Inc. Reports Six Month and Second Quarter Earnings

August 7, 2015 11:11 AM EDT

CLINTON, Conn., Aug. 07, 2015 (GLOBE NEWSWIRE) -- Connecticut Water Service, Inc. (NASDAQ: CTWS) announced net income of $11.8 million, or earnings per basic average share (EPS) of $1.07, on total revenues of $50.1 million. Total revenues include revenues generated by the Companys three business segments: Water Activities, Service and Rentals, and Real Estate. In the same period 2014, the Company had net income of $10.5 million, or $0.96 EPS, on total revenues of $49.3 million. In the first six months of 2015 and 2014, there was no activity in the Real Estate segment.

The increase in net income was... More