York Water Q2 net income falls 23% to $4.99M; EPS $0.35 vs $0.45

YORK WATER CO

2024-Q2 EPS reported $0.65 revenue$36,378,000

Q2 net income of $4.99M, down $1.53M YoY; diluted EPS $0.35 vs $0.45.
Six-month net income $9.32M, down $857k; EPS $0.65 vs $0.71.
Revenue Q2 flat at $18.75M; six-month revenue up 6.5% to $36.38M on rate hike.
Higher O&M, depreciation, and interest offset lower pension and AFUDC.
Capital investments $20.9M YTD; $21.3M additional planned for rest of 2024.

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