Earnings Summary

Middlesex Water Co’s revenue fell -0.57% since last year same period to $38.6Mn in the Q4 2023. On a quarterly growth basis, Middlesex Water Co has generated -17.37% fall in its revenue since last 3-months.

Middlesex Water Co’s net profit fell -19.61% since last year same period to $5.77Mn in the Q4 2023. On a quarterly growth basis, Middlesex Water Co has generated -42.29% fall in its net profits since last 3-months.

Middlesex Water Co’s net profit margin fell -19.15% since last year same period to 14.93% in the Q4 2023. On a quarterly growth basis, Middlesex Water Co has generated -30.16% fall in its net profit margins since last 3-months.

Middlesex Water Co’s price-to-earnings ratio after this Q4 2023 earnings stands at 27.27.

Middlesex Water Co’s earning per share (EPS) estimates for the current quarter stand at 0.46 - a -11.54% fall from last quarter’s estimates.

Middlesex Water Co’s earning per share (EPS) estimates for the current year stand at 0.46.

Middlesex Water Co’s earning per share (EPS) fell -20% since last year same period to 0.32 in the Q4 2023. This indicates that the Middlesex Water Co has generated -20% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Middlesex Water Co’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Middlesex Water Co’s return on equity (ROE) stands at 0.08.

Middlesex Water Co declared 0.33 dividend per share during the earnings announcement for Q4 2023.