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, 2017 4:16 PM EDT

Earnings per share increased 3.0 percent to $0.34 vs. $0.33 in 2016 Quarterly cash dividend increase of 7.0 percent, to $0.2047

BRYN MAWR, Pa.--(BUSINESS WIRE)-- Aqua America, Inc. (NYSE: WTR) today reported results for the second quarter ending June 30, 2017.

Operating results

For the second quarter of 2017, Aqua America reported revenues of $203.4 million. Regulated segment revenues increased to $202.0 million, an increase of 2.0 percent. Rates, surcharges, consumption, and customer growth increased regulated revenue by approximately $4.3 million compared to the same quarter of 2016.

Operations and maintenance expenses decreased 4.2... More