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Tracking Tweedy Browne Portfolio - Q3 2017 Update

2017-11-20 seekingalpha
The largest five individual stock positions are Cisco Systems, Berkshire Hathaway, Baidu Inc., Johnson & Johnson, and Alphabet, and they account for ~44% of the portfolio. (558-0)

'Keys To Success' American Water Works' Rise To The Top

2017-11-10 seekingalpha
With the nation's drinking water and wastewater infrastructure in shambles, AWK is doing its part to fix the problem. (49-0)

Connecticut Water (CTWS) Q3 Earnings Top, Customers Increase

2017-11-10 zacks
Connecticut Water Service Inc. (CTWS - Free Report) reported third-quarter 2017 earnings of 90 cents per share, which surpassed the Zacks Consensus Estimate of 88 cents by 2.3%.  Earnings were up 7.1% year over year. The company is continuing with its inorganic growth strategy. Year to date, it has added 9,500 customers through acquisitions, reflecting a customer base growth of nearly 7.5%. Total Revenues In the quarter under review, Connecticut Water’s total revenues were $33. (25-0)

American States Water (AWR) Misses Q3 Earnings Estimates

2017-11-07 zacks
American States Water Company (AWR - Free Report) reported third-quarter 2017 earnings of 57 cents per share, missing the Zacks Consensus Estimate of 58 cents by 1.7% and down by 3.4% from 59 cents in the year-ago period. The decrease in the quarterly earnings was primarily due to lower contribution from its water segment. Total Revenues The company’s operating revenues were $124.4 million, missing the Zacks Consensus Estimate of $127 million by 2%. (8-0)

Middlesex Water Files for Rate Hike to Recover Expenses

2017-10-12 zacks
Middlesex Water Company filed an application with the New Jersey Board of Public Utilities ("NJBPU") to increase water rates in its services areas. Through this rate filing, the company intends to recoup expenses made in its water and wastewater infrastructure since 2015. The rate approved in 2015 increased annual revenues of the company by $5 million. Since the last rate filing, the company has invested nearly $92 million to upgrade and strengthen drinking water infrastructure in its service territories. (31-0)

Portfolio Building For Retired Life And Beyond

2017-10-09 seekingalpha
The importance to have a large number of portfolio constituents is stressed from a practical view. (406-1)

American Water Unit Gets Another 50-Year Military Contract

2017-10-04 zacks
Last week, American Water Works Company, Inc.’s (AWK - Free Report) , Military Services Group received a contract for ownership, operation and maintenance of the water and wastewater systems at Wright-Patterson Air Force Base in Ohio. This contract is expected to generate revenues in excess of $490 million over the duration of the contract period of 50 years. Expertise in Serving Defense Installation Military Services Group of American Water Works has expertise in providing quality water and wastewater service to different defense installation across the United States. (20-0)

BRIEF-Eric Thornburg resigns as CEO of Connecticut Water Service

2017-09-28 reuters
* Appointed David C. Benoit to serve as interim president and CEO of company Source text for Eikon: Further company coverage:

American Water Unit Files for Rate Hike to Recoup Expenses

2017-09-19 zacks
American Water Works (AWK - Free Report) announced that its subsidiary — New Jersey American Water —  has filed an application with the New Jersey Board of Public Utilities (“BPU”) to increase water rates in its services areas. Through this rate filing the company intends to recoup expenses made in its water and wastewater infrastructure since 2015. The rate approved in 2015 increased annual revenues of the company by $22 million. (36-0)

American Water Unit to Invest $1.5M for Replacing Old Mains

2017-09-14 zacks
American Water Works Company (AWK - Free Report) announced that its subsidiary, New Jersey American Water will invest $1.5 million in 2017 to replace aging water mains in its Millburn service area. The company aims to replace 2,200 feet of old mains to increase service reliability and improve water flow for residential consumption. It will replace old 24-inch water line with new 30-inch ductile iron pipe.

SABESP (SBS) Q2 Earnings Lag, Fall Y/Y on Higher Expenses

2017-08-16 zacks
Companhia de Saneamento Basico do Estado de Sao Paulo or SABESP (SBS - Free Report) reported disappointing second-quarter 2017 results with net income declining 58.4% year over year. Earnings per share came in at R$0.49 versus R$1.17 reported in the second quarter of 2016. Considering the American Depository Receipt equivalent of earnings per share, the bottom line was 15 cents, below 33 cents in the year-ago quarter and the Zacks Consensus Estimate of 25 cents.

Tracking Tweedy Browne Portfolio - Q2 2017 Update

2017-08-13 seekingalpha
The largest five individual stock positions are Cisco Systems, Berkshire Hathaway, Johnson & Johnson, Baidu, and Alphabet, and they account for ~43% of the portfolio.

Consolidated Water (CWCO) Misses Q2 Earnings and Revenues

2017-08-10 zacks
Consolidated Water Co. Ltd. (CWCO - Free Report) reported second-quarter 2017 earnings of 11 cents per share, lagging the Zacks Consensus Estimate of 16 cents by 31.2%. Total Revenue In the quarter under review, Consolidated Water’s total revenue was $15.3 million, lagging the Zacks Consensus Estimate of $16.0 million by 4.4%. Reported revenues were also marginally lower than the year-ago figure of $15.

Connecticut Water (CTWS) Q2 Earnings Top, Sales Rise Y/Y

2017-08-09 zacks
Connecticut Water Service Inc. (CTWS - Free Report) reported second-quarter 2017 earnings of 73 cents per share, which surpassed the Zacks Consensus Estimate of 68 cents by 7.3%. However, earnings were down 17.9% year over year. Total Revenue In the quarter under review, Connecticut Water’s total revenue was $29.5 million, up 6.9% year over year, primarily on higher contribution from its Water Operation segment.

BRIEF-Connecticut Water Service Q2 total revenues $29.5 million versus $27.6 million

2017-08-08 reuters
* Connecticut Water Service Inc - expects net income in water operations segment for the year to increase over 2016 Source text for Eikon: Further company coverage: