Essential Utilities, Inc. Profit Advances In Q3, Beats Estimates

(RTTNews) - Essential Utilities, Inc. (WTRG) revealed earnings for its third quarter that Increased, from last year and beat the Street estimates.

The company's earnings came in at $92.08 million, or $0.33 per share. This compares with $69.40 million, or $0.25 per share, last year.

Analysts on average had expected the company to earn $0.28 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 9.6% to $476.97 million from $435.26 million last year.

Essential Utilities, Inc. earnings at a glance (GAAP) :

-Earnings: $92.08 Mln. vs. $69.40 Mln. last year. -EPS: $0.33 vs. $0.25 last year. -Revenue: $476.97 Mln vs. $435.26 Mln last year.