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Artesian Resources (ARTNA) Q2 Earnings Surpass Estimates
Artesian ResourcesArtesian Resources(US:ARTNA) ZACKSยท2025-08-04 23:00

Group 1 - Artesian Resources reported quarterly earnings of $0.61 per share, exceeding the Zacks Consensus Estimate of $0.56 per share, and up from $0.52 per share a year ago, representing an earnings surprise of +8.93% [1] - The company posted revenues of $28.55 million for the quarter ended June 2025, which missed the Zacks Consensus Estimate by 1.56%, but was an increase from $27.42 million year-over-year [2] - Artesian Resources has surpassed consensus EPS estimates three times over the last four quarters, indicating a positive trend in earnings performance [2] Group 2 - The stock has added about 3.8% since the beginning of the year, underperforming compared to the S&P 500's gain of 6.1% [3] - The current consensus EPS estimate for the coming quarter is $0.69 on $30 million in revenues, and for the current fiscal year, it is $2.16 on $113 million in revenues [7] - The Utility - Water Supply industry, to which Artesian Resources belongs, is currently in the top 35% of Zacks industries, suggesting a favorable outlook for the sector [8]