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

Artesian Resources

10/05/2023 24:39

* Artesian Resources Corp  ARTNA.OQ  reported quarterly
adjusted
earnings of 39 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 50
cents per share.
    * Revenue rose 1.4% to $22.50 million from a year ago;
analysts
expected $23.00 million. 
    * 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 fallen by 0.7% this
quarter and lost 6.1% so far this year.
    * Wall Street's median 12-month price target for Artesian
Resources Corp is $60.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 11:39 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.50           0.39           Missed
 Dec. 31 2022      0.27           0.24           Missed
 Sep. 30 2022      0.58           0.65           Beat
 Jun. 30 2022      0.50           0.53           Beat