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

Artesian Resources

04/11/2021 03:50

* Artesian Resources Corp  ARTNA.OQ  reported quarterly adjusted
earnings of 54 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 50 cents per share.
* Revenue rose 1% to $24.99 million from a year ago;  analysts
expected $24.00 million. 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Artesian Resources Corp shares had risen by 6.2% this
quarter and gained 9.4% so far this year.
* The company reported quarterly net income of $5.06 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 November 4 at 03:50 a.m.
 ​All figures in US dollars unless otherwise stated