Artesian Resources (ARTNA) Projected to Post Quarterly Earnings on Monday

Artesian Resources (NASDAQ:ARTNA - Get Free Report) is expected to announce its earnings results before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $25.00 million for the quarter.

Artesian Resources (NASDAQ:ARTNA - Get Free Report) last released its earnings results on Tuesday, March 25th. The utilities provider reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. The business had revenue of $25.00 million for the quarter, compared to the consensus estimate of $25.00 million. Artesian Resources had a return on equity of 8.57% and a net margin of 18.96%. On average, analysts expect Artesian Resources to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Artesian Resources Stock Down 1.2 %

Shares of Artesian Resources stock opened at $34.33 on Monday. The stock has a market capitalization of $353.70 million, a PE ratio of 17.61 and a beta of 0.27. Artesian Resources has a 52-week low of $29.45 and a 52-week high of $41.29. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.07 and a current ratio of 1.22. The company has a 50-day simple moving average of $32.65 and a two-hundred day simple moving average of $32.74.

Artesian Resources Company Profile

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware.

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