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

Middlesex Water Co

28/10/2022 21:27

* Middlesex Water Co  MSEX.OQ  reported quarterly adjusted
earnings of 80 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 88 cents per share.
    * Revenue rose 19.7% to $47.73 million from a year ago;
analysts
expected $47.00 million. 
    * The mean earnings estimate of analysts had risen by
about 2.3%
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 13.3% this
quarter and
lost 27.3% so far this year.
    * Wall Street's median 12-month price target for Middlesex
Water
Co is $97.50 
    * 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." 

This summary was machine generated from Refinitiv data October
28 at 08:27 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.88           0.80           Missed
 Jun. 30 2022      0.71           0.50           Missed
 Mar. 31 2022      0.52           0.68           Beat
 Dec. 31 2021      0.52           0.41           Missed