York Water (NASDAQ:YORW) Posts Quarterly Earnings Results, Misses Estimates By $0.10 EPS

York Water (NASDAQ:YORW) released its quarterly earnings results on Friday. The utilities provider reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.10), Zacks reports. York Water had a net margin of 33.35% and a return on equity of 11.18%. The firm had revenue of $18.75 million during the quarter, compared to analyst estimates of $19.00 million.

York Water Stock Down 5.7 %

Shares of YORW stock traded down $2.33 during trading on Monday, reaching $38.75. The company’s stock had a trading volume of 79,099 shares, compared to its average volume of 59,327. York Water has a one year low of $33.32 and a one year high of $42.49. The business has a fifty day moving average price of $37.94 and a 200-day moving average price of $36.66. The company has a market cap of $555.87 million, a price-to-earnings ratio of 22.98 and a beta of 0.63. The company has a quick ratio of 0.80, a current ratio of 0.98 and a debt-to-equity ratio of 0.85.

About York Water

The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; ten wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns satellite groundwater systems in York, Adams, and Lancaster Counties, as well as two impounding dams on primary system located in York and Springfield Townships.