American Water Works Company, Inc. Announces Gain In Q1 Profit

(RTTNews) - American Water Works Company, Inc. (AWK) reported a profit for its first quarter that increased from last year.

The company's bottom line came in at $106 million, or $0.59 per share. This compares with $93 million, or $0.52 per share, in last year's first quarter.

Analysts had expected the company to earn $0.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.7% to $761 million from $756 million last year.

American Water Works Company, Inc. earnings at a glance:

-Earnings (Q1): $106 Mln. vs. $93 Mln. last year. -EPS (Q1): $0.59 vs. $0.52 last year. -Analysts Estimate: $0.55 -Revenue (Q1): $761 Mln vs. $756 Mln last year.

-Guidance: Full year EPS guidance: $3.22 - $3.32