earnings
confidence high
sentiment positive
materiality 0.60
Artesian Q2 EPS $0.64 (+4.9%), revenue up 7.4% to $30.7M; H1 EPS $1.21
ARTESIAN RESOURCES CORP
- Q2 2026 diluted EPS $0.64 vs $0.61 year-ago, +4.9%; net income $6.6M, +4.5%.
- Q2 revenues $30.7M, up 7.4% on water sales +5.8% and other utility revenue +16.0%.
- H1 2026 diluted EPS $1.21 vs $1.14, +6.1%; net income $12.5M, +6.7%.
- $25.9M invested in infrastructure in H1 2026, including PFAS treatment upgrades.
- Wastewater customers grew 6.6% over past 12 months; temporary DEPSC rate increases boosting water revenue.