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Stock impact report

Will Middlesex Water (MSEX) Beat Estimates Again in Its Next Earnings Report? [Yahoo! Finance]

Middlesex Water Company (MSEX) 
Last middlesex water company earnings: 11/1 12:33 pm Check Earnings Report
US:NASDAQ Investor Relations: middlesexwater.com
Company Research Source: Yahoo! Finance
quarterly report, you should consider Middlesex Water (MSEX). This company, which is in the Zacks Utility - Water Supply industry, shows potential for another earnings beat. When looking at the last two reports, this water utility has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 27.76%, on average, in the last two quarters. For the most recent quarter, Middlesex Water was expected to post earnings of $0.36 per share, but it reported $0.49 per share instead, representing a surprise of 36.11%. For the previous quarter, the consensus estimate was $0.67 per share, while it actually produced $0.80 per share, a surprise of 19.40%. With this earnings history in mind, recent estimates have been moving higher for Middlesex Water. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our resea Show less Read more
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