Middlesex Water Reports Q3 Earnings Beat on Revenue and EPS
Middlesex Water (MSEX) reported third-quarter financial results that exceeded analyst expectations. The company posted a GAAP earnings per share (EPS) of $0.95, surpassing estimates by $0.09. Operating revenue for the quarter reached $60.21 million, representing an 11.3% increase year-over-year and beating consensus estimates by $0.31 million. The results reflect steady growth within the company's utility operations.
Tickers: $MSEX
Topics: earnings beat GAAP EPS revenue growth