04.05.2016 23:24:24
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American Water Works Company, Inc. Reveals 2% Rise In Q1 Bottom Line
(RTTNews) - American Water Works Company, Inc. (AWK) reported earnings for its first quarter that climbed from last year.
The company said its bottom line climbed to $82 million, or $0.46 per share. This was up from $80 million, or $0.44 per share, in last year's first quarter.
Analysts had expected the company to earn $0.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 6.4% to $743 million. This was up from $698 million last year.
American Water Works Company, Inc. earnings at a glance:
-Earnings (Q1): $82 Mln. vs. $80 Mln. last year. -Earnings Growth (Y-o-Y): 2.5% -EPS (Q1): $0.46 vs. $0.44 last year. -EPS Growth (Y-o-Y): 4.5% -Analysts Estimate: $0.46 -Revenue (Q1): $743 Mln vs. $698 Mln last year. -Revenue Change (Y-o-Y): 6.4%
-Guidance: Full year EPS guidance: $2.75 - $2.85
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