Artesian Resources Corp reports results for the quarter ended in December - Earnings Summary

Artesian Resources

09/03/2022 22:35

* Artesian Resources Corp  ARTNA.OQ  reported quarterly
adjusted
earnings of 32 cents​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was
for earnings of 35 cents per share.
    * Revenue rose 3.8% to $22.58 million from a year ago; 
analysts
expected $22.00 million. 
    * Artesian Resources Corp's reported EPS for the quarter was
32
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Artesian Resources Corp shares had risen by 6.7% this
quarter.
    * The company reported quarterly net income of $3.06
million.
    * Wall Street's median 12-month price target for Artesian
Resources Corp is $55.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated March 9 at 10:34 p.m.  ​All
figures in US dollars unless otherwise stated