Middlesex Water (MSEX) Misses Q2 Earnings Estimates
MSEXMiddlesex(MSEX) ZACKS·2024-08-01 06:46

Middlesex Water (MSEX) came out with quarterly earnings of 0.59pershare,missingtheZacksConsensusEstimateof0.59 per share, missing the Zacks Consensus Estimate of 0.64 per share. This compares to earnings of 0.55pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof7.810.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.81%. A quarter ago, it was expected that this water utility would post earnings of 0.45 per share when it actually produced earnings of $0.59, delivering a surprise of 31.11%.Over the last four quarters, the co ...