The York Water Q2 EPS $0.35 Misses $0.45 Estimate, Sales $18.75M Miss $19.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
The York Water (NASDAQ:YORW) reported Q2 earnings per share of $0.35, missing the analyst estimate of $0.45 by 22.22%. Sales were $18.75M, slightly below the $19.00M estimate. Both earnings and sales showed a decline compared to the same period last year.
August 02, 2024 | 1:31 pm
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The York Water reported Q2 earnings per share of $0.35, missing the analyst estimate of $0.45 by 22.22%. Sales were $18.75M, slightly below the $19.00M estimate. Both earnings and sales showed a decline compared to the same period last year.
The significant miss on EPS and slight miss on sales, combined with year-over-year declines, are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100