Middlesex Water Co reports results for the quarter ended in June - Earnings Summary

Middlesex Water Co

30/07/2021 21:55

* Middlesex Water Co  MSEX.OQ  reported quarterly adjusted
earnings of 62 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 59 cents per share.
* Revenue rose 4% to $36.70 million from a year ago;  analysts
expected $36.00 million. 
* Middlesex Water Co's reported EPS for the quarter was 62
cents​.
* The mean earnings estimate of analysts had fallen by
about 0.8% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Middlesex Water Co shares had risen by 23.9% this quarter and
gained 39.7% so far this year.
* Wall Street's median 12-month price target for Middlesex Water
Co is $85.00 
* 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." 
This summary was machine generated July 30 at 08:55 p.m.  ​All
figures in US dollars unless otherwise stated