York Water Company Reports 2nd Quarter and Six Months Earnings
The York Water Company (YORW)
Last the york water company earnings: 11/7 10:13 am
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US:NASDAQ Investor Relations:
yorkwater.com/investor-relations-form
Company Research
Source: GlobeNewswire
YORK, Pa., Aug. 02, 2024 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the second quarter and the first six months of 2024. President Hand reported that second quarter operating revenues of $18,750,000 decreased $17,000 and net income of $4,993,000 decreased $1,531,000 compared to the second quarter of 2023. Basic and Diluted Earnings per share of $0.35 for the three-month period decreased $0.10 compared to the same period last year. The decrease in net income was primarily attributable to higher operation and maintenance expenses and depreciation, higher interest on debt, and lower allowance for funds used during construction (AFUDC) which were partially offset by lower pension costs. AFUDC is the cost of debt and equity funds used to finance plant construction. President Hand also reported that the first six months operating revenues of $36,378,000 increased $2,210,000, but net income of $9,320,000 de
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YORW
News
- The York Water Company (NASDAQ: YORW) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- The York Water Company (NASDAQ: YORW) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- With 52% institutional ownership, The York Water Company (NASDAQ:YORW) is a favorite amongst the big guns [Yahoo! Finance]Yahoo! Finance
- The York Water Company (NASDAQ: YORW) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- York Water (YORW) Misses Q2 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
YORW
Earnings
- 8/2/24 - Miss
YORW
Sec Filings
- 9/9/24 - Form 3
- 8/27/24 - Form 8-K
- 8/21/24 - Form 4
- YORW's page on the SEC website