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

Artesian Resources

04/05/2022 01:35

* Artesian Resources Corp  ARTNA.OQ  reported quarterly
adjusted
earnings of 47 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 49
cents per share.
    * Revenue rose 7% to $22.19 million from a year ago; 
analysts
expected $21.00 million. 
    * Artesian Resources Corp's reported EPS for the quarter was
47
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2% 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 fallen by 5.3% this
quarter and lost 0.8% so far this year.
    * The company reported quarterly net income of $4.48
million.
    * Wall Street's median 12-month price target for Artesian
Resources Corp is $54.50 
    * 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 May 4 at 12:35 a.m.  ​All
figures in US dollars unless otherwise stated