Connecticut Water Service (CTWS) Posts Quarterly Earnings Results, Misses Estimates By $0.12 EPS
Connecticut Water Service (NASDAQ:CTWS) posted its quarterly earnings results on Monday. The company reported $0.67 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.79 by $0.12, AnalystRatingsNetwork reports. The company had revenue of $27.30 million for the quarter, compared to the consensus estimate of $27.62 million. The company’s quarterly revenue was up 12.3% on a year-over-year basis.
Shares of Connecticut Water Service (NASDAQ:CTWS) traded up 1.42% on Monday, hitting $32.11. 32,068 shares of the company’s stock traded hands. Connecticut Water Service has a 52-week low of $29.50 and a 52-week high of $36.45. The stock has a 50-day moving average of $32.62 and a 200-day moving average of $32.89. The company has a market cap of $355.8 million and a price-to-earnings ratio of 18.74.
Connecticut Water Service, Inc is a non-operating holding company. The Company operates in three segments: Water Activities, Real Estate Transactions and Services and Rentals.
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