Middlesex Water Co expected to post earnings of 59 cents a share - Earnings Preview
27/07/2021 12:02
* Middlesex Water Co MSEX.OQ MSEX.O is expected to show a
rise in quarterly revenue when it reports results on July 29
(estimated).
* The Iselin, New Jersey-based company is expected to report a
2.0% increase in revenue to $36 million from $35.28 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 59 cents per share. For the same quarter last
year, the company reported earnings of 55 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 $85, about 13.5% below its last closing price
of $96.46.
* Previous quarterly performance (using preferred earnings
measure in US dollars).
QUARTER STARMINE REFINITIV ACTUAL BEAT, SURPRI
ENDING SMARTESTIM IBES MET, SE %
ATE® ESTIMATE MISSED
Mar. 31 2021 0.46 0.46 0.39 Missed -15.2
Dec. 31 2020 0.43 0.47 Beat 10.6
Sep. 30 2020 0.70 0.72 Beat 2.9
Jun. 30 2020 0.51 0.51 0.55 Beat 7.8
Mar. 0.38 0.38 0.44 Beat 15.8
31 2020
Dec. 31 2019 0.41 0.41 0.46 Beat 12.2
Sep. 30 2019 0.72 0.72 0.66 Missed -8.3
Jun. 30 2019 0.55 0.55 0.49 Missed -10.9
This summary was machine generated July 27 at 11:02 GMT. All
figures in US dollars unless otherwise stated