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

York Water Co

02/08/2024 15:10

* York Water Co  YORW.OQ  reported quarterly adjusted
earnings of
35 cents​​ per share for the quarter ended in June, lower than
the same quarter last year, when the company reported EPS of 45
cents.  The lone analyst forecast for the quarter was
for earnings of 45 cents per share. 
    * Revenue fell 0.1% to $18.75 million from a year ago;
analysts
expected $19.00 million. 
    * York Water Co shares had risen by 11.0% this quarter and
gained 6.6% so far this year.

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
$47.00 
This summary was machine generated from LSEG data August 2 at
02:10 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
 Jun. 30 2024      0.45           0.35           Missed
 Mar. 31 2024      0.29           0.30           Beat
 Dec. 31 2023      0.36           0.42           Beat
 Sep. 30 2023      0.46           0.53           Beat