Connecticut Water Service: 3Q Earnings Snapshot
CLINTON, Conn. (AP) _ Connecticut Water Service Inc. (CTWS) on Friday reported third-quarter profit of $13.7 million.
On a per-share basis, the Clinton, Connecticut-based company said it had profit of $1.13. Earnings, adjusted for costs related to mergers and acquisitions, were $1.31 per share.
The water company posted revenue of $39.3 million in the period.
Connecticut Water Service shares have risen 21 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $69.75, an increase of 12 percent in the last 12 months.