York Water (NASDAQ:YORW) Announces Earnings Results

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

York Water Trading Down 5.8 %

Shares of NASDAQ:YORW traded down $2.37 during trading on Monday, reaching $38.71. 58,754 shares of the company were exchanged, compared to its average volume of 59,190. The firm has a market capitalization of $555.29 million, a PE ratio of 22.98 and a beta of 0.63. The business’s fifty day simple moving average is $37.94 and its 200-day simple moving average is $36.66. York Water has a 12-month low of $33.32 and a 12-month high of $42.49. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.98 and a quick ratio of 0.80.

York Water Company Profile

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.