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Sabesp: 1Q Earnings Snapshot

Sabesp: 1Q Earnings Snapshot

SP, Brazil (AP) _ Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) on Thursday reported first-quarter earnings of $171.8 million.

On a per-share basis, the Sp, Brazil-based company said it had net income of 25 cents.

The waste management company posted revenue of $1.03 billion in the period.

Sabesp shares have climbed 50% since the beginning of the year. The stock has risen 33% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBS at https://www.zacks.com/ap/SBS