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Sep 30, 2022
York Water Q3 2022 Earnings Report
York Water's Q3 2022 earnings increased compared to Q3 2021.
Key Takeaways
York Water Company reported Q3 2022 operating revenues of $15,811,000, an increase of $1,308,000 compared to Q3 2021. Net income for the quarter was $5,681,000, up $887,000 from the same period last year. Earnings per share increased to $0.40, a $0.04 increase compared to Q3 2021.
Operating revenues increased by $1,308,000 compared to Q3 2021, reaching $15,811,000.
Net income rose by $887,000 compared to Q3 2021, totaling $5,681,000.
Earnings per share increased by $0.04 compared to Q3 2021, reaching $0.40.
Revenue growth was driven by customer base expansion from the West Manheim Township wastewater acquisition and the utilization of the Distribution System Improvement Charge (DSIC).
Historical Earnings Impact
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Avg. Return Before/After Earnings
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