earnings
confidence high
sentiment positive
materiality 0.50
York Water Q3 net income up 18.5%; EPS $0.40 vs $0.36 YoY
YORK WATER CO
2022-Q3 EPS reported
$1.05
revenue$44,950,000
- Q3 operating revenues of $15.8M (+9.0%), net income $5.7M (+18.5%) vs Q3 2021.
- Nine-month revenues $44.9M (+8.6%), net income $14.6M (+12.3%), EPS $1.05 vs $0.99.
- Growth driven by West Manheim wastewater acquisition and Distribution System Improvement Charge.
- 2022 YTD capital investment $34.1M; additional $11.0M planned for rest of 2022.
- Quarterly dividend declared $0.1949 per share, up 4.0% from $0.1874 year ago.