BRYN MAWR, Pa.--(BUSINESS WIRE)--Jan. 3, 2018--
Aqua America, Inc. (NYSE: WTR) announced it will reschedule its investor
and analyst update from Jan. 17, 2018 to Feb. 28, 2018. At the
rescheduled update, Chairman and Chief Executive Officer Christopher
Franklin and other members of Aqua’s senior leadership team will present
on the company’s 2017 full year earnings results, 2018 guidance, growth
initiatives, and other key topics.
The postponement is in response to the recently approved Tax Cuts and
Jobs Act. Aqua will use the additional time to evaluate the business
impacts of the bill. The act provides an opportunity for Aqua America to
provide its utility customers with the favorable effects of reduced
corporate income tax rates and requires regulatory guidance from
regulators.
“The public utility commissions in Aqua’s eight states need time to
analyze the regulatory impacts of this tax overhaul,” said Chief
Financial Officer David Smeltzer. “It’s important that we work through
these issues in cooperation with the commissions.”
Aqua America is one of the largest U.S.-based, publicly traded water
utilities and serves nearly 3 million people in Pennsylvania, Ohio,
North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia. Aqua
America is listed on the New York Stock Exchange under the ticker symbol
WTR. Visit AquaAmerica.com
for more information.
WTRF
View source version on businesswire.com: http://www.businesswire.com/news/home/20180103006189/en/
Source: Aqua America, Inc.
Aqua America, Inc.
Brian Dingerdissen, 610-645-1191
VP,
Investor Relations
BJDingerdissen@AquaAmerica.com
or
Stacey
Hajdak, 610-520-6309
Director, Marketing & Communications
SMHajdak@AquaAmerica.com
