Aqua America (WTR) Tops Q2 EPS by 1c

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Aqua America Reports Financial Results for Q2 2018

August 1, 2018 6:00 PM EDT

Earnings per share increased 8.8 percent to $0.37 vs. $0.34 in Q2 2017 Eight municipal acquisitions signed or recently closed represent approximately 27,000 new customers 7.0 percent quarterly cash dividend increase to $0.219

BRYN MAWR, Pa.--(BUSINESS WIRE)-- Aqua America Inc. (NYSE: WTR) today reported results for the second quarter ending June 30, 2018.

Operating results

For the second quarter 2018, net income was $66.6 million, a 9.2 percent increase compared to $61.0 million reported in the same quarter of 2017. Earnings per diluted common share were $0.37 for the... More