Middlesex Water Co expected to post earnings of 57 cents a share - Earnings Preview

Middlesex Water Co

29/04/2025 21:49

Middlesex Water Co MSEX.OQ MSEX.O is expected to show a rise in quarterly revenue when it reports  results on May 1 for the period ending March 31 2025

The Iselin New Jersey-based  company is expected to report a 8.1% increase in revenue to $43.79 million from $40.52 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Middlesex Water Co is for earnings of 57 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 $66.00​, above​ its last closing price of $61.45. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.37
0.49
Beat
34.2
Sep. 30 2024
0.68
0.68
0.80
Beat
17.6
Jun. 30 2024
0.64
0.64
0.59
Missed
-7.8​
Mar. 31 2024
0.48
0.47
0.59
Beat
26.9
​​Dec. 31 2023
0.58
0.52
0.32
Missed
-38.5
Sep. 30 2023
0.86
0.87
0.56
Missed
-35.6​
Jun. 30 2023
0.65
0.60
0.55
Missed
-8.3
Mar. 31 2023
0.46
0.47
0.33
Missed
-29.8

This summary was machine generated April 29 at 20:49 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)