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Sep 30, 2021
Middlesex Water Q3 2021 Earnings Report
Reported diluted earnings per share of $0.65, compared to $0.72 per share for the same period in 2020.
Key Takeaways
Middlesex Water Company reported third quarter diluted earnings per share of $0.65, a decrease compared to $0.72 per share for the same period in 2020. Net income decreased $1.3 million to $11.5 million. Consolidated operating revenues of $39.9 million were comparable to the same period last year.
Third quarter diluted earnings per share were $0.65, compared to $0.72 in 2020.
Net income decreased by $1.3 million to $11.5 million.
Consolidated operating revenues were $39.9 million, comparable to the same period last year.
Operation and maintenance expenses increased by $1.0 million due to increased labor and production costs.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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