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YORW York Water Co News Story

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UtilitiesConservativeMid CapNeutral

York Water Q3 profit beats estimate as customer base expands

Overview

York Water Q3 revenue rose but missed analyst expectations

EPS for Q3 beat analyst expectations

Revenue growth driven by customer base expansion and DSIC charges

Outlook

York Water plans to invest $10 mln in capital projects in 2025

Result Drivers

CUSTOMER BASE EXPANSION - Revenue growth attributed to an increase in the customer base and DSIC charges

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

HIGHER EXPENSES - Revenue gains offset by higher operation and maintenance expenses, increased interest on debt, and lower AFUDC

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Operating RevenueMiss$20.36 mln$21 mln (1 Analyst)
Q3 EPSBeat$0.43$0.38 (1 Analyst)
Q3 Net Income$6.20 mln
Analyst Coverage The one available analyst rating on the shares is "strong buy" The average consensus recommendation for the water & related utilities peer group is "buy." Wall Street's median 12-month price target for York Water Co is $41.00, about 20.9% above its November 5 closing price of $32.44 The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 21 three months ago Press Release: ID:nGNX3Bg7bB For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)

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