Aqua America Inc. Q1 Earnings Advance 7%

(RTTNews) - Aqua America Inc. (WTR) released a profit for its first quarter that increased from last year.

The company said its bottom line rose to $51.74 million, or $0.29 per share. This was up from $48.55 million, or $0.27 per share, in last year's first quarter.

Analysts had expected the company to earn $0.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.2% to $192.61 million. This was up from $190.33 million last year.

Aqua America Inc. earnings at a glance:

-Earnings (Q1): $51.74 Mln. vs. $48.55 Mln. last year. -Earnings Growth (Y-o-Y): 6.6% -EPS (Q1): $0.29 vs. $0.27 last year. -EPS Growth (Y-o-Y): 7.4% -Analysts Estimate: $0.28 -Revenue (Q1): $192.61 Mln vs. $190.33 Mln last year. -Revenue Change (Y-o-Y): 1.2%

-Guidance: Full year EPS guidance: $1.30 - $1.35