York Water Q1 EPS Beats Estimates, Revenue Up 9% on Rate Hikes
YORW is trading near its 52-week low of $28.26 (4.0% above the low).
Summary
The York Water Company announced its first-quarter results, reporting EPS of $0.33 and net income of $4.81 million, both exceeding analyst consensus estimates. While operating revenue grew 9% year-over-year to $20.07 million, it slightly missed the $20.29 million consensus. The revenue increase was primarily driven by higher rates that took effect on March 1, 2026, a development previously detailed in the company's recent 10-K filing. The company also invested $9.8 million in capital projects and acquired two wastewater systems, with plans for $38.1 million in capital investments for 2026. These mixed results, particularly the EPS and net income beats despite a revenue miss, provide a critical update on the company's performance following its recent rate increases and could influence the stock, which is currently trading near its 52-week low. Investors will monitor future guidance and the continued impact of rate adjustments.
At the time of this announcement, YORW was trading at $29.39 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $469.4M. The 52-week trading range was $28.26 to $35.26. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.