MSEX
MIDDLESEX WATER CO
$73.95
Earnings Summary
Revenue | $39.92Mn |
Net Profits | $12.74Mn |
Net Profit Margins | 31.91% |
Highlights
MIDDLESEX WATER CO’s revenue jumped 5.7% since last year same period to $39.92Mn in the Q3 2020. On a quarterly growth basis, MIDDLESEX WATER CO has generated 13.16% jump in its revenue since last 3-months.
MIDDLESEX WATER CO’s net profit jumped 14.55% since last year same period to $12.74Mn in the Q3 2020. On a quarterly growth basis, MIDDLESEX WATER CO has generated 31.13% jump in its net profits since last 3-months.
MIDDLESEX WATER CO’s net profit margin jumped 8.38% since last year same period to 31.91% in the Q3 2020. On a quarterly growth basis, MIDDLESEX WATER CO has generated 15.88% jump in its net profit margins since last 3-months.
Earnings per share (EPS) Estimates
Earnings per share (EPS) estimates of the MIDDLESEX WATER CO post its latest quarter earnings
EPS Estimate Current Quarter | 0.53 |
EPS Estimate Current Year | 0.53 |
Highlights
MIDDLESEX WATER CO’s earning per share (EPS) estimates for the current quarter stand at 0.53 - a -39.77% fall from last quarter’s estimates.
MIDDLESEX WATER CO’s earning per share (EPS) estimates for the current year stand at 0.53.
Key Ratios
Key ratios of the MIDDLESEX WATER CO post its Q4 2022 earnings
Return on Assets (ROA) | 0.03 |
Return on Equity (ROE) | 0.11 |
Dividend Per Share (DPS) | 0.31 |
Highlights
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 0.03.
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 0.11.
MIDDLESEX WATER CO declared 0.31 dividend per share during the earnings announcement for Q4 2022.
Earnings Calendar
| Earnings Date | Estimated EPS | Reported EPS | Surprise % |
|---|---|---|---|
2021-07-30 | 0.59 | 0.62 | 5.08% |
2022-02-25 | 0.52 | 0.41 | -21.15% |
2021-05-05 | 0.46 | 0.39 | -15.22% |
2021-10-29 | 0.8 | 0.65 | -18.75% |
Company Information
Established in 1897, Middlesex Water Company serves as a trusted provider offering life-sustaining high quality water service for residential, commercial, industrial and fire protection purposes. The Company offers a full range of water, wastewater utility and related services. An investor-owned public utility, Middlesex Water is a professional services provider specializing in municipal and industrial contract operations and water and wastewater system technical operations and maintenance. The company and its subsidiaries form the Middlesex Water family of companies, which collectively serve a population of nearly half a million people in New Jersey and Delaware. Named a 2020 Top Workplace in New Jersey and a 2020 Superstar in Business in Delaware, Middlesex is diligently focused on meeting and balancing the needs of its employees, customers, and shareholders. The company invests in its people, its infrastructure and the communities it serves to support reliable and resilient utility services, economic growth and quality of life.
Organisation | MIDDLESEX WATER CO |
Headquarters | 485C Route 1 South, Iselin, NJ, United States, 08830 |
Employees | 350 |
Industry | Utilities |
