Middlesex Water Co expected to post earnings of 37 cents a share - Earnings Preview
26/02/2025 21:04
Middlesex Water Co MSEX.OQ MSEX.O is expected to show a rise in quarterly revenue when it reports results on February 28 for the period ending December 31 2024 The Iselin New Jersey-based company is expected to report a 11.4% increase in revenue to $43 million from $38.6 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data. LSEG's mean analyst estimate for Middlesex Water Co is for earnings of 37 cents per share. The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The mean earnings estimate of analysts was unchanged in the last three months. Wall Street's median 12-month price target for Middlesex Water Co is $61.00, above its last closing price of $52.63. This summary was machine generated February 26 at 21:04 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)