Quarterly and Yearly Earnings Releases and Stock Price Updates - Analyst Notes on American Water, Aqua America, Companhia de Saneamento Basico, South Jersey Industries, and Piedmont Natural Gas

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Mar 05, 2014, 03:30 ET

NEW YORK, March 5, 2014 /PRNewswire/ --

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Today, Analysts Review released its analysts' notes regarding American Water Works Company, Inc. (NYSE: AWK), Aqua America Inc. (NYSE: WTR), Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS), South Jersey Industries, Inc. (NYSE: SJI), and Piedmont Natural Gas Co. Inc. (NYSE: PNY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

American Water Works Company, Inc. Analyst Notes

On February 26, 2014, American Water Works Company, Inc. (American Water) reported its financial reports for Q4 2013 and full year 2013. The Company's operating revenues during the quarter increased to $712.3 million, up 4.6% YoY; while full-year 2013 operating revenues stood at $2.9 billion, representing a growth of 0.9% YoY. During the quarter, the net income of American Water stood at $59.7 million, or $0.33 per diluted common share, compared to $55.5 million, or $0.31 per diluted share, in Q4 2012. For full year 2013, the net income surged to $369.3 million, or $2.06 per diluted share, from $358.1 million, or $2.01 per diluted share, in full year 2012. Commenting on the performance, Jeff Sterba, President and CEO of American Water, said, "Achieving excellence in customer service is a key driver of our results and 2013 was another year of strong performance on all fronts. We achieved our operations and maintenance efficiency rate goal, grew both our regulated and market-based businesses and completed a multi-year effort to upgrade our technology platforms." The full analyst notes on American Water Works Company, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03052014/AWK/report.pdf

Aqua America Inc. Analyst Notes

On February 27, 2014, Aqua America Inc. (Aqua America) reported financial results for Q4 2013 and full year 2013. The Company's revenues increased to $188.6 million for the quarter and to $768.6 million for full year 2013, representing a growth of 0.6% YoY and 1.4% YoY during the respective periods. Aqua America's quarterly net income declined to $57.5 million, or $0.32 per diluted share, from $66.6 million, or $0.38 per diluted share, in Q4 2012. Full year 2013 net income attributable to common shareholders showed an increase of 12.6% YoY at $221.3 million; and diluted EPS was $1.25 versus $1.12 in full year 2012 (on 1.1% more shares outstanding). Commenting on the results, the Company Chairman and CEO, Nicholas DeBenedictis said, "The Company continued to enhance water quality and service reliability for customers, maintained industry-leading margins, grow stronger financially, and enhance shareholder value 19 percent plus a stock split and 9 percent dividend increase. The company also eclipsed the $200 million dollar level for net income just 5 years after passing the $100 million level, which took nearly 125 years to accomplish." The full analyst notes on Aqua America Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03052014/WTR/report.pdf

Companhia de Saneamento Basico do Estado de Sao Paulo Analyst Notes

On March 3, 2014, Companhia de Saneamento Basico do Estado de Sao Paulo's (SABESP) stock (ADR) remained flat, ending the day at $9.27. Over the previous three trading sessions, shares of SABESP have increased by 0.87%, compared to the Dow Jones Industrial Average which declined 0.19% during the same period. The full analyst notes on Companhia de Saneamento Basico do Estado de Sao Paulo are available to download free of charge at:

http://www.AnalystsReview.com/03052014/SBS/report.pdf

South Jersey Industries, Inc. Analyst Notes

On February 28, 2014, South Jersey Industries, Inc. (SJI) released its financial results for Q4 2013 and full year 2013. SJI's total operating revenues during the quarter increased to $224.4 million, a growth of 13.6% YoY. Full-year 2013 revenues also registered an increase of 3.6% YoY at $731.4 million. The Company declared GAAP income from continuing operations of $39.4 million for the quarter, or $1.21 per diluted share, versus income of $25.6 million, or $0.81 per diluted share, for Q4 2012. For full year 2013, GAAP income from continuing operations was $82.4 million, or $2.57 per diluted share, versus $92.8 million, or $3.01 per diluted share, in full year 2012. SJI Chairman and CEO Edward J. Graham commented, "Earnings growth in 2013 was rooted in utility customer growth and investments in our infrastructure, and our ability to capitalize on opportunities in the solar energy market." The Company also initiated guidance of 6%-12% growth in Economic Earnings over 2013, amounting to $3.21 to $3.39 per share. The full analyst notes on South Jersey Industries, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03052014/SJI/report.pdf

Piedmont Natural Gas Co. Inc. Analyst Notes

On March 3, 2014, Piedmont Natural Gas Co. Inc.'s (Piedmont Natural Gas) stock declined 0.71%, ending the day at $33.58. Over the previous three trading sessions, shares of Piedmont Natural Gas declined 0.24%, in line with the Dow Jones Industrial Average which also declined 0.19% during the same period. The full analyst notes on Piedmont Natural Gas Co. Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03052014/PNY/report.pdf

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