York Water Q3 net income falls 22.5% to $5.86M; EPS $0.41 vs $0.53 YoY

YORK WATER CO

2024-Q3 EPS reported $1.06 revenue$56,093,000

Q3 operating revenue $19.7M (+$0.9M), net income $5.86M (-$1.7M), EPS $0.41 (-$0.12).
Nine-month revenue $56.1M (+$3.2M), net income $15.2M (-$2.6M), EPS $1.06 (-$0.18).
Higher O&M, depreciation, lower AFUDC and tax deductions offset revenue gains from DSIC and customer growth.
Capital spending $33M YTD; acquired Houston Run water system in Lancaster County for $0.26M.
Quarterly dividend declared $0.2108 per share, up from $0.2027 in Q3 2023.

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