Artesian Resources Q4 revenue rises on rate hikes, customer growth

Artesian Resources

12/03/2026 21:02

Overview

US water utility's Q4 revenue rose 4.3% yr/yr, driven by rate hikes and customer growth

Q4 diluted EPS increased 8.1% to $0.40 from $0.37 a year earlier

Company invested $58.8 mln in water and wastewater infrastructure in 2025

Outlook

Company did not provide specific financial guidance for the current qtr or full yr

Result Drivers

RATE INCREASES AND CUSTOMER GROWTH - Q4 water sales revenue rose due to temporary rate hikes and an increase in customers served

WASTEWATER REVENUE - Other utility operating revenue rose mainly due to higher wastewater revenue from customer growth

SERVICE LINE PLAN FEES - Non-utility revenue increased as a result of higher Service Line Protection Plan fees and more participating customers

Company press release: ID:nGNX5kTLHj

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Water Sales
$22.3 mln
Q4 EPS
$0.40
Q4 Net Income
$4.13 mln
Q4 Operating Income
$5.76 mln
Q4 Utility Operating Expenses
$14.15 mln


Analyst Coverage

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 16 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)