Middlesex Water (MSEX) Earnings Date, Estimates & Call Transcripts

$56.94
+2.50 (+4.59%)
(As of 03:40 PM ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 26Estimated
Actual EPS
(May. 8)
$0.59 Beat By $0.14
Consensus EPS
(May. 8)
$0.45
Skip Charts & View Estimated and Actual Earnings Data

MSEX Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MSEX Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Middlesex Water Analyst EPS Estimates

Current Year EPS Consensus Estimate:$2.28 EPS
Next Year EPS Consensus Estimate: $2.40 EPS

MSEX Earnings Date and Information

Middlesex Water last released its earnings data on May 8th, 2024. The utilities provider reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.14. The firm earned $40.52 million during the quarter, compared to analysts' expectations of $42 million. Middlesex Water has generated $1.76 earnings per share over the last year ($1.76 diluted earnings per share) and currently has a price-to-earnings ratio of 32.2. Earnings for Middlesex Water are expected to grow by 5.26% in the coming year, from $2.28 to $2.40 per share. Middlesex Water has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Friday, July 26th, 2024 based off prior year's report dates.

Middlesex Water Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/26/2024
Estimated)
------- 
5/8/2024Q1 2024$0.45$0.59+$0.14$0.59$42.00 million$40.52 million
2/29/2024Q4 2023$0.46$0.32($0.14)$0.32$41.00 million$38.60 million
11/9/2023Q3 2023$0.88$0.56($0.32)$0.56$50.00 million$46.72 million
7/28/2023Q2 2023$0.55$0.55-$0.55$42.00 million$42.80 million
5/1/2023Q1 2023$0.41$0.33($0.08)$0.33$38.00 million$38.16 million
2/24/2023Q4 2022$0.49$0.40($0.09)$0.40$39.00 million$38.82 million
10/28/2022Q3 2022$0.88$0.80($0.08)$0.80$47.00 million$47.73 million
7/29/2022Q2 2022$0.76$0.50($0.26)$0.50$41.00 million$39.68 million
4/29/2022Q1 2022$0.50$0.68+$0.18$0.68$36.00 million$36.20 million    
2/25/2022Q4 2021$0.49$0.41($0.08)$0.41$36.00 million$34.03 million    
10/28/2021Q3 2021$0.80$0.65($0.15)$0.65$41.00 million$39.87 million
7/29/2021Q2 2021$0.59$0.62+$0.03$0.62$36.00 million$36.70 million

Middlesex Water Earnings - Frequently Asked Questions

When is Middlesex Water's earnings date?

Middlesex Water has not confirmed its next earnings publication date, but the company's estimated earnings date is Friday, July 26th, 2024 based off last year's report dates. Learn more on MSEX's earnings history.

Did Middlesex Water beat their earnings estimates last quarter?

In the previous quarter, Middlesex Water (NASDAQ:MSEX) reported $0.59 earnings per share (EPS) to beat the analysts' consensus estimate of $0.45 by $0.14. Learn more on analysts' earnings estimate vs. MSEX's actual earnings.

How much revenue does Middlesex Water generate each year?

Middlesex Water (NASDAQ:MSEX) has a recorded annual revenue of $166.27 million.

How much profit does Middlesex Water generate each year?

Middlesex Water (NASDAQ:MSEX) has a recorded net income of $31.52 million. MSEX has generated $1.76 earnings per share over the last four quarters.

What is Middlesex Water's price-to-earnings ratio?

Middlesex Water (NASDAQ:MSEX) has a trailing price-to-earnings ratio of 32.20 and a forward price-to-earnings ratio of 24.86.

What is Middlesex Water's EPS forecast for next year?

Middlesex Water's earnings are expected to grow from $2.28 per share to $2.40 per share in the next year, which is a 5.26% increase.


More Earnings Resources from MarketBeat

This page (NASDAQ:MSEX) was last updated on 5/9/2024 by MarketBeat.com Staff

From Our Partners