Middlesex Water Co expected to post earnings of 88cents a share - Earnings Preview

Middlesex Water Co

25/10/2022 12:33

* Middlesex Water Co  MSEX.OQ   MSEX.O  is expected to show
a rise
in quarterly revenue when it reports  results on October 27
(estimated). 
    * The Iselin New Jersey-based  company is expected to report
 a
17.9% increase in revenue to $47 million from $39.87 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 88 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 $97.5​, above​ its last closing price of $83.67. ​​​

This summary was machine generated October 25 at 11:33 GMT.  All
figures in US dollars  unless otherwise stated