03.08.2016 22:50:41
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American Water Works Company, Inc. Earnings Advance 11% In Q2
(RTTNews) - American Water Works Company, Inc. (AWK) revealed a profit for its second quarter that increased from last year.
The company said its bottom line came in at $137 million, or $0.77 per share. This was up from $123 million, or $0.68 per share, in last year's second quarter.
Analysts had expected the company to earn $0.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 5.8% to $827 million. This was up from $782 million last year.
American Water Works Company, Inc. earnings at a glance:
-Earnings (Q2): $137 Mln. vs. $123 Mln. last year. -Earnings Growth (Y-o-Y): 11.4% -EPS (Q2): $0.77 vs. $0.68 last year. -EPS Growth (Y-o-Y): 13.2% -Analysts Estimate: $0.73 -Revenue (Q2): $827 Mln vs. $782 Mln last year. -Revenue Change (Y-o-Y): 5.8%
-Guidance: Full year EPS guidance: $2.75 - $2.85
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