The third quarter financial results of Middlesex Water Company (NASDAQ: MSEX) will be revealed on Thursday 31st October 2024. The big news will come out after market close, so investors can learn more about how the company is doing financially.
the organization is expected to report an estimated per share $0.68 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $52.4 million during this period.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $185.2 million. Additionally, they predict that the earnings per share for the company will hit profit of $2.22 by the end of the fiscal year.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $0.56. Additionally, the company achieved a total revenue of $46.72 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q1 2024 | $0.59 | +78.8% | 40.52 M | +6.2% |
| Q4 2023 | $0.32 | -20.0% | 38.60 M | -0.6% |
| Q3 2023 | $0.56 | -30.0% | 46.72 M | -2.1% |
| Q2 2023 | $0.55 | +10.0% | 42.80 M | +7.9% |
| *Growth on year-over-year basis | ||||
Throughout Tuesday's trading, Middlesex Water Company (MSEX) shares fluctuated between $63.19 and $63.94, with a trading volume of 59.80 thousand shares. The stock ended the regular trading session at $63.51, reflecting fall of 1.46 percent.
