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

Artesian Resources

03/11/2022 23:02

* Artesian Resources Corp  ARTNA.OQ  reported quarterly
adjusted
earnings of 65 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 58 cents per share.
    * Revenue rose 6.4% to $26.58 million from a year ago;
analysts
expected $26.00 million. 
    * Artesian Resources Corp's reported EPS for the quarter was
65
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.6%
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 6.3% this
quarter and gained 10.4% so far this year.
    * Wall Street's median 12-month price target for Artesian
Resources Corp is $61.00 
    * 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 Refinitiv data November
3 at 11:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.58           0.65           Beat
 Jun. 30 2022      0.50           0.53           Beat
 Mar. 31 2022      0.49           0.47           Missed
 Dec. 31 2021      0.35           0.32           Missed