Aqua America, Inc. (WTR) reported that its first quarter net income attributable to common shareholders rose to $46.57 million or $0.33 per share from $37.90 million or $0.27 per share last year. Net income was enhanced by the sales of 65 percent of the company's Florida operations in the quarter, the company stated.
Income from continuing operations totaled $41.23 million or $0.29 per share, up from $26.89 million or $0.19 per share last year.
On average, eight analysts polled by Thomson Reuters expected the company to earn $0.27 per share for the quarter. Analysts' estimates typically exclude special items.
Operating revenues totaled $180.04 million, up from $164.02 million last year. Analysts expected revenues of $179.35 million.
Separately, Aqua America declared quarterly cash dividend payment of $0.175 per share payable on June 1, to all shareholders of record on May 17, 2013. The June dividend payment of $0.175 per share is 6.1 percent higher than the dividend the company paid in June 2012 of $0.165 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.