Aqua America (WTR) Tops Q3 EPS by 1c

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Aqua America Reports Financial Results for Third Quarter

November 1, 2016 4:16 PM EDT

Earnings per share increased 7.9 percent to $0.41 vs. $0.38 in 2015 2016 earnings guidance of $1.30 to $1.35 per share reaffirmed

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

Operating Results

For the third quarter of 2016, Aqua America reported revenues of $226.6 million, an increase of $5.5 million or 2.5 percent compared to $221.1 million in the same quarter of 2015. Higher consumption, rates and surcharges, regulated growth and other factors increased regulated revenue by approximately $9.2 million compared to the third quarter of... More