York Water Reports Q3 Revenue Beat Amid GAAP EPS Miss
York Water Company (YORW) reported third-quarter financial results characterized by a divergence between top and bottom-line performance. The company achieved revenue of $24.33 million, representing a 19.5% increase year-over-year and exceeding analyst expectations by $1.73 million. Despite the strong revenue growth, York Water's GAAP earnings per share (EPS) of $0.48 fell short of consensus estimates by $0.02. The results highlight a period of significant top-line expansion for the utility provider, even as profitability slightly lagged behind market projections.
Tickers: $YORW
Topics: earnings miss financial results GAAP EPS revenue beat