Middlesex Water Co (MSEX) released earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $8.78 million, or $0.49 per share. This compares with $5.74 million, or $0.32 per share, last year.
Analysts on average had expected the company to earn $0.37 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 22.0% to $47.107 million from $38.602 million last year.
Middlesex Water Co earnings at a glance (GAAP) :
-Earnings: $8.78 Mln. vs. $5.74 Mln. last year.-EPS: $0.49 vs. $0.32 last year.-Revenue: $47.107 Mln vs. $38.602 Mln last year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.