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Dec 31, 2019
Middlesex Water Q4 2019 Earnings Report
Reported fourth quarter diluted earnings per share higher than the same reporting period in 2018.
Key Takeaways
Middlesex Water Company reported a decrease in operating revenues and operations and maintenance expenses. Net income increased compared to the same period in 2018.
Fourth Quarter diluted earnings per share were $0.46, $0.03 per share higher than the same reporting period in 2018.
Operating revenues were $32.7 million, down from $33.3 million for the same period in 2018.
Operations and maintenance expenses were $17.4 million, down from $18.8 million for the same period in 2018.
Net income increased to $8.1 million from $7.0 million for the same period in 2018.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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