Artesian Resources (ARTNA) to Release Quarterly Earnings on Monday

Artesian Resources (NASDAQ:ARTNA) is expected to be announcing its earnings results before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $25.00 million for the quarter.

Artesian Resources (NASDAQ:ARTNA) last announced its quarterly earnings data on Tuesday, March 25th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $25.00 million for the quarter, compared to analysts’ expectations of $25.00 million. Artesian Resources had a return on equity of 8.57% and a net margin of 18.96%. On average, analysts expect Artesian Resources to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Artesian Resources Price Performance

NASDAQ ARTNA opened at $34.65 on Friday. The company has a market cap of $357.00 million, a PE ratio of 17.77 and a beta of 0.27. The company has a quick ratio of 1.07, a current ratio of 1.22 and a debt-to-equity ratio of 0.74. The firm’s 50-day simple moving average is $32.92 and its two-hundred day simple moving average is $32.75. Artesian Resources has a 52 week low of $29.45 and a 52 week high of $41.29.

About Artesian Resources

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware.