Middlesex Water Co expected to post earnings of 71  cents a share - Earnings Preview

Middlesex Water Co

26/07/2022 12:11

* Middlesex Water Co  MSEX.OQ   MSEX.O  is expected to show
a rise
in quarterly revenue when it reports  results on July 28
(estimated). 
    * The Iselin New Jersey-based  company is expected to report
 a
11.7% increase in revenue to $41 million from $36.7 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 71 cents per share. For the same quarter last year,
the company reported earnings of 62 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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 $101​, above​ its last closing price of $91.30. ​​​

This summary was machine generated July 26 at 11:11 GMT.  All
figures in US dollars  unless otherwise stated