Artesian Resources Corp expected to post earnings of 42 cents a share - Earnings Preview

Artesian Resources

03/05/2024 12:58

* Artesian Resources Corp  ARTNA.OQ   ARTNA.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 7
(estimated) for the period ending March 31 2024
    * The Newark Delaware Delaware-based  company is expected to
report a 6.7% increase in revenue to $24 million from $22.5
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Artesian Resources Corp
is for
earnings of 42 cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Artesian
Resources Corp is $52.00​, above​ its last closing price
of $36.70. ​​​

This summary was machine generated May 3 at 11:58 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)