Middlesex Water Co expected to post earnings of 52  cents a share - Earnings Preview

Middlesex Water Co

29/04/2022 12:33

* Middlesex Water Co  MSEX.OQ   MSEX.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 3
(estimated). 
    * The Iselin New Jersey-based  company is expected to report
 a
10.6% increase in revenue to $36 million from $32.54 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Middlesex Water Co
is for
earnings of 52 cents per share. For the same quarter last year,
the company reported earnings of 39 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "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 $102.5​, above​ its last closing price of $90.06. ​​​

This summary was machine generated April 29 at 11:33 GMT.  All
figures in US dollars  unless otherwise stated