Update: Aqua America Q2 2014 Earnings Renew Investors Hopes
- WTR delivered impressive earnings that exceeded the consensus estimates, which we were anticipating.
- As mentioned in my previous analysis, the company's acquisition plans are expanding rapidly. This trend has been confirmed and strengthened in the first half of 2014 .
- Shares jumped after the earnings release and the renewed uptrend appears solid despite the recent bout of risk aversion.