York Water Co (NASDAQ:YORW) is scheduled to announce its earnings results before the market opens on Thursday, November 2nd. Analysts expect the company to announce earnings of $0.28 per share for the quarter.

York Water (NASDAQ:YORW) last announced its earnings results on Thursday, August 3rd. The utilities provider reported $0.23 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.01. York Water had a net margin of 23.95% and a return on equity of 10.26%. The firm had revenue of $12.30 million for the quarter, compared to analyst estimates of $12.21 million. During the same quarter last year, the business earned $0.23 earnings per share. York Water’s revenue was up 4.2% compared to the same quarter last year. On average, analysts expect York Water to post $0.96 EPS for the current fiscal year and $0.99 EPS for the next fiscal year.

Shares of York Water Co (NASDAQ:YORW) opened at 34.95 on Thursday. The company’s 50-day moving average is $34.66 and its 200-day moving average is $34.71. The firm has a market cap of $449.00 million, a price-to-earnings ratio of 37.58 and a beta of 0.58. York Water Co has a 12 month low of $29.10 and a 12 month high of $39.86.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend was Thursday, September 28th. York Water’s payout ratio is presently 68.82%.

A number of brokerages recently commented on YORW. BidaskClub downgraded shares of York Water from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Zacks Investment Research downgraded shares of York Water from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th.

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York Water Company Profile

The York Water Company is an investor-owned water utility in the United States. The primary business of the Company is to impound, purify to meet or exceed safe drinking water standards and distribute water. As of December 31, 2016, it also owned and operated three wastewater collection systems and two wastewater treatment systems.

Earnings History for York Water (NASDAQ:YORW)

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