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.
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.
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.
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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).
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