Artesian Resources Q2 EPS $0.44 Beats $0.37 Estimate, Sales $25.25M Miss $26.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Artesian Resources (NASDAQ:ARTNA) reported Q2 earnings of $0.44 per share, beating the analyst consensus estimate of $0.37 by 18.92%. However, this is a 16.98% decrease from the same period last year. The company's quarterly sales of $25.25 million missed the analyst consensus estimate of $26.00 million by 2.88%, but it's a 0.96% increase from the same period last year.
August 07, 2023 | 9:12 pm
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Artesian Resources' Q2 earnings beat estimates but sales missed. This mixed result could lead to uncertainty in the market, potentially impacting the stock's performance in the short term.
Artesian Resources reported a mixed Q2 result with earnings beating estimates but sales missing. This could create uncertainty among investors, potentially leading to volatility in the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100