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Aqua America Inc. Reveals Gain In Q1 Bottom Line

Aqua America Inc. (WTR) revealed earnings for its first quarter that increased from last year.

The company's profit totaled $50.84 million, or $0.29 per share. This compares with $49.07 million, or $0.28 per share, in last year's first quarter.

Analysts had expected the company to earn $0.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.5% to $194.35 million from $187.79 million last year.

Aqua America Inc. earnings at a glance:

-Earnings (Q1): $50.84 Mln. vs. $49.07 Mln. last year.
-EPS (Q1): $0.29 vs. $0.28 last year.
-Analysts Estimate: $0.29
-Revenue (Q1): $194.35 Mln vs. $187.79 Mln last year.

Full year EPS guidance: $1.37 to $1.42

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