earnings
confidence high
sentiment positive
materiality 0.65
Artesian Q3 EPS $0.68 (+3% YoY); net income $7.0M (+2.2%); YTD EPS $1.81 (+12.4%)
ARTESIAN RESOURCES CORP
2025-Q3 EPS reported
$1.81
revenue$84,926,000
- Q3 revenue $30.5M (+4.6% YoY) driven by temporary rate hike and customer growth.
- YTD net income $18.7M (+12.9%); revenue $84.9M (+4.7% YoY).
- Invested $40.5M YTD in water/wastewater infrastructure, including PFAS treatment upgrades.
- Temporary rate increase effective June 3, 2025, pending DEPSC final determination.