York Water (NASDAQ:YORW) Announces Quarterly Earnings Results

York Water (NASDAQ:YORW - Get Free Report) released its earnings results on Tuesday. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.01), Zacks reports. York Water had a net margin of 28.57% and a return on equity of 9.44%. The firm had revenue of $18.87 million during the quarter, compared to analyst estimates of $19.00 million.

York Water Stock Performance

Shares of York Water stock traded up $0.94 on Friday, reaching $34.48. 89,862 shares of the stock were exchanged, compared to its average volume of 64,770. York Water has a twelve month low of $29.86 and a twelve month high of $41.96. The business has a 50 day moving average price of $31.97 and a two-hundred day moving average price of $34.99. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $495.62 million, a price-to-earnings ratio of 23.30 and a beta of 0.61.

York Water Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, February 28th will be paid a $0.2192 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Friday, February 28th. York Water's payout ratio is 61.27%.

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.

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