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

Middlesex Water Co

03/05/2022 13:00

* Middlesex Water Co  MSEX.OQ  reported quarterly adjusted
earnings of 68 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 52 cents per share.
    * Revenue rose 11.2% to $36.20 million from a year ago; 
analysts
expected $36.00 million. 
    * Middlesex Water Co's reported EPS for the quarter was 68
cents​.
    * The mean earnings estimate of analysts had risen by
about 15.6%
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 fallen by 18.7% this
quarter and
lost 28.9% so far this year.
    * Wall Street's median 12-month price target for Middlesex
Water
Co is $101.00 
    * 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 May 3 at 12:00 p.m.  ​All
figures in US dollars unless otherwise stated