York Water Company Reports 3rd Quarter and Nine 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., Nov. 07, 2024 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the third quarter and the first nine months of 2024. President Hand reported that third quarter operating revenues of $19,715,000 increased $948,000, but net income of $5,863,000 decreased $1,705,000 compared to the third quarter of 2023. Basic and Diluted Earnings per share of $0.41 for the three-month period decreased $0.12 compared to the same period last year. Increased revenues were primarily due to revenues from Distribution System Improvement charge (DSIC) and growth in the customer base. The DSIC is a Pennsylvania Public Utility Commission allowed charge that water utilities collect from customers for the replacement of aging infrastructure. The increased revenue was more than offset by higher operation and maintenance expenses, depreciation, and a lower allowance for funds used during construction (AFUDC). AFUDC is the cost o
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YORW
Earnings
- 11/7/24 - In-Line
YORW
Sec Filings
- 11/21/24 - Form 4
- 11/12/24 - Form SC
- 11/7/24 - Form 8-K
- YORW's page on the SEC website