Aqua America (WTR) Reports In-Line Q2 EPS

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Go back to Aqua America (WTR) Reports In-Line Q2 EPS

Aqua America Reports Financial Results for Second Quarter

August 2, 2016 4:48 PM EDT

Earnings per share increased 3.1 percent to $0.33 vs. $0.32 in 2015 Quarterly cash dividend increase of 7.5 percent, to $0.1913

BRYN MAWR, Pa.--(BUSINESS WIRE)-- Aqua America, Inc. (NYSE: WTR) today reported results for the second quarter ending June 30, 2016.

Operating Results

For the second quarter of 2016, Aqua America reported revenues of $203.9 million. Rates, surcharges and acquisitions increased regulated revenue by approximately $5.1 million compared to the same quarter of 2015. Lower consumption and divestitures in market-based activities offset the increase by $7.2 million, resulting in an overall... More