York Water Co reports results for the quarter ended in December - Earnings Summary

York Water Co

05/03/2024 23:32

* York Water Co  YORW.OQ  reported quarterly adjusted
earnings of
42 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of 35 cents.  The lone analyst forecast for the quarter was
for earnings of 36 cents per share. 
    * Revenue rose 19.8% to $18.10 million from a year ago;
analysts
expected $17.00 million. 
    * York Water Co shares had fallen by 7.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the water &
related
utilities peer group is also "strong buy"

Wall Street's median 12-month price target for York Water Co is
$52.00 
This summary was machine generated from LSEG data March 5 at
11:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.36           0.42           Beat
 Sep. 30 2023      0.46           0.53           Beat
 Jun. 30 2023      0.44           0.45           Beat
 Mar. 31 2023      0.26           0.26           Met