Overview
* York Water ( YORW ) Q3 revenue rose but missed analyst expectations
* EPS for Q3 beat analyst expectations
* Revenue growth driven by customer base expansion and DSIC charges
Outlook
* York Water ( YORW ) plans to invest $10 mln in capital projects in 2025
Result Drivers
* CUSTOMER BASE EXPANSION - Revenue growth attributed to an increase in the customer base and DSIC charges
* LOWER INCOME TAXES - Decrease in income taxes due to higher deductions from IRS tangible property regulations
* HIGHER EXPENSES - Revenue gains offset by higher operation and maintenance expenses, increased interest on debt, and lower AFUDC
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Miss $20.36 $21 mln
Operatin mln (1
g Analyst)
Revenue
Q3 EPS Beat $0.43 $0.38 (1
Analyst)
Q3 Net $6.20
Income mln
Analyst Coverage
* The one available analyst rating on the shares is "strong buy"
* The average consensus recommendation for the water & related utilities peer group is "buy."
* Wall Street's median 12-month price target for York Water Co ( YORW ) is $41.00, about 20.9% above its November 5 closing price of $32.44
* The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 21 three months ago
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)