Zacks: Analysts Anticipate Aqua America Inc (WTR) Will Post Earnings of $0.29 Per Share

Equities research analysts expect Aqua America Inc (NYSE:WTR) to report earnings per share (EPS) of $0.29 for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Aqua America’s earnings. The lowest EPS estimate is $0.28 and the highest is $0.30. Aqua America posted earnings of $0.28 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 3.6%. The company is expected to report its next earnings report after the market closes on Tuesday, May 8th.

According to Zacks, analysts expect that Aqua America will report full year earnings of $1.41 per share for the current financial year, with EPS estimates ranging from $1.38 to $1.45. For the next financial year, analysts anticipate that the company will report earnings of $1.51 per share, with EPS estimates ranging from $1.45 to $1.56. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that follow Aqua America.

How to Become a New Pot Stock Millionaire

Aqua America (NYSE:WTR) last posted its quarterly earnings results on Tuesday, February 27th. The utilities provider reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.01. The company had revenue of $203.30 million during the quarter, compared to the consensus estimate of $208.26 million. Aqua America had a return on equity of 12.68% and a net margin of 29.61%. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.28 EPS.

Several research firms have recently weighed in on WTR. Zacks Investment Research downgraded Aqua America from a “buy” rating to a “hold” rating in a research note on Sunday, January 21st. UBS began coverage on Aqua America in a research note on Thursday, March 8th. They set a “neutral” rating and a $36.00 price target for the company. Wells Fargo downgraded Aqua America from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $43.00 to $37.00 in a research note on Monday, February 26th. Finally, Hilliard Lyons upgraded Aqua America from an “underperform” rating to a “neutral” rating in a research note on Thursday, December 21st. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $38.29.

Hedge funds and other institutional investors have recently modified their holdings of the business. Taylor Hoffman Wealth Management bought a new position in Aqua America in the 4th quarter worth about $139,000. Sigma Planning Corp bought a new position in Aqua America in the 4th quarter worth about $200,000. Telemus Capital LLC bought a new position in Aqua America in the 4th quarter worth about $204,000. Ironwood Investment Counsel LLC bought a new position in Aqua America in the 4th quarter worth about $205,000. Finally, Oppenheimer Asset Management Inc. bought a new position in Aqua America in the 3rd quarter worth about $211,000. Institutional investors and hedge funds own 53.85% of the company’s stock.

WTR stock opened at $33.94 on Tuesday. The company has a quick ratio of 0.41, a current ratio of 0.46 and a debt-to-equity ratio of 1.03. The firm has a market cap of $5,938.64, a PE ratio of 24.77, a PEG ratio of 3.95 and a beta of 0.44. Aqua America has a fifty-two week low of $31.18 and a fifty-two week high of $39.55.

WARNING: This report was published by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this report on another domain, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this report can be read at

Aqua America Company Profile

Aqua America, Inc is a holding company. The Company is engaged in providing water or wastewater services concentrated in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana and Virginia. The Company is the holding company for its primary subsidiary, Aqua Pennsylvania, Inc Its market-based activities are conducted through Aqua Resources, Inc (Aqua Resources) and Aqua Infrastructure, LLC (Aqua Infrastructure).

Get a free copy of the Zacks research report on Aqua America (WTR)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Aqua America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aqua America and related companies with's FREE daily email newsletter.

Leave a Reply