Artesian Resources Corp reports results for the quarter ended December 31 - Earnings Summary

• Artesian Resources Corp ARTNA.OQ reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 34 cents. The lone analyst forecast for the quarter was for earnings of 32 cents per share.

• Revenue rose 9.4% to $26.85 million from a year ago; analysts expected $25.00 million.

• Artesian Resources Corp shares had fallen by 2.2% this quarter.

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 Artesian Resources Corp is $46.00

This summary was machine generated from LSEG data March 25 at 08:35 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
Dec. 31 2024	0.32	0.37	Beat
Sep. 30 2024	0.61	0.66	Beat
Jun. 30 2024	0.54	0.52	Missed
Mar. 31 2024	0.42	0.43	Beat