Middlesex Water (MSEX) Tops Q1 Earnings Estimates

Middlesex Water (MSEX) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 31.11%. A quarter ago, it was expected that this water utility would post earnings of $0.46 per share when it actually produced earnings of $0.32, delivering a surprise of -30.43%.Over the last four quarters, the c ...