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Aqua America Inc. Q2 adjusted earnings Beat Estimates

Aqua America Inc. (WTR) reported a profit for second quarter that declined from the same period last year.

The company's bottom line totaled $54.90 million, or $0.25 per share. This compares with $66.59 million, or $0.37 per share, in last year's second quarter.

Excluding items, Aqua America Inc. reported adjusted earnings of $66.82 million or $0.37 per share for the period.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.3% to $218.89 million from $211.86 million last year.

Aqua America Inc. earnings at a glance:

-Earnings (Q2): $66.82 Mln. vs. $66.59 Mln. last year.
-EPS (Q2): $0.37 vs. $0.37 last year.
-Analysts Estimate: $0.36
-Revenue (Q2): $218.89 Mln vs. $211.86 Mln last year.

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