York Water Q1 revenue rises 9% on higher rates

York Water Co

05/05/2026 14:38

Overview

US water utility's Q1 revenue rose 9% yr/yr on higher rates and customer growth

Q1 net income and EPS both increased from prior year

Company invested $9.8 mln in capital projects and acquired two wastewater systems

Outlook

York Water estimates 2026 capital investments of $38.1 mln, excluding acquisitions

Result Drivers

RATE INCREASE - Q1 revenue rose mainly due to higher rates effective March 1, 2026, partially offset by reset of Distribution System Improvement Charge

CUSTOMER GROWTH - Growth in the customer base contributed to higher revenues

LOWER INCOME TAXES - Decrease in income taxes due to higher deductions from IRS tangible property regulations

Company press release: ID:nGNXdpYlB

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Operating Revenue
$20.07 mln
$20.29 mln (1 Analyst)
Q1 EPS
$0.33
$0.31 (1 Analyst)
Q1 Net Income
$4.81 mln
$4.45 mln (1 Analyst)

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)