Middlesex Water (MSEX) Tops Q2 EPS by 14c, Revenues Beat Estimates
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Middlesex Water (NASDAQ: MSEX) reported Q2 EPS of $0.52, $0.14 better than the analyst estimate of $0.38. Revenue for the quarter came in at $34.9 million versus the consensus estimate of $34 million.
Middlesex Chairman, President and Chief Executive Officer Dennis W. Doll said, “Meeting our customer’s needs for a high quality, reliable, resilient and sustainable water supply is our paramount objective. We are appreciative of the timely decision from our New Jersey regulators for rate relief and remain focused on executing the many strategic components of our Water for Tomorrow capital program designed to fortify drinking water infrastructure for current and future generations of water customers,” said Doll.
For earnings history and earnings-related data on Middlesex Water (MSEX) click here.
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