Connecticut Water Service Q2 Profit Rises, But EPS Down

(RTTNews) - Connecticut Water Service Inc. (CTWS) reported that its second-quarter net income applicable to common shareholders increased to $4.30 million from last year's $4.15 million, while earnings per share declined to $0.39 from $0.47 in the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.37 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter edged down to $24.33 million from $24.49 million in the prior year quarter. Three analysts had consensus revenue estimate of $22.47 million for the quarter.