Artesian Resources(US:ARTNA) ZACKS·2025-10-30 23:26Core Insights - Artesian Resources (ARTNA) reported quarterly earnings of $0.68 per share, exceeding the Zacks Consensus Estimate of $0.66 per share, and showing an increase from $0.66 per share a year ago, resulting in an earnings surprise of +3.03% [1] - The company achieved revenues of $30.49 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.64% and up from $29.14 million year-over-year [2] - Artesian Resources has outperformed consensus EPS estimates three times in the last four quarters [2] Earnings Outlook - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and future earnings expectations [3] - The current consensus EPS estimate for the upcoming quarter is $0.37 on revenues of $28 million, while for the current fiscal year, it is $2.16 on revenues of $112 million [7] Industry Context - The Utility - Water Supply industry, to which Artesian Resources belongs, is currently ranked in the top 17% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5] Stock Performance - Artesian Resources shares have increased by approximately 2.7% since the beginning of the year, in contrast to the S&P 500's gain of 17.2% [3] - The estimate revisions trend for Artesian Resources was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]