BRYN MAWR, Pa. (AP) — BRYN MAWR, Pa. (AP) — Essential Utilities, Inc. (WTRG) on Monday reported first-quarter earnings of $283.8 million.
On a per-share basis, the Bryn Mawr, Pennsylvania-based company said it had net income of $1.03.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.
The water utility posted revenue of $783.6 million in the period.
Essential Utilities expects full-year earnings to be $2.07 to $2.11 per share.
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