York Water (NASDAQ:YORW) Announces Earnings Results

York Water (NASDAQ:YORW) announced its quarterly earnings data on Friday. The utilities provider reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.10), Zacks reports. The firm had revenue of $18.75 million for the quarter, compared to analysts’ expectations of $19.00 million. York Water had a return on equity of 11.18% and a net margin of 33.35%.

York Water Price Performance

Shares of YORW traded down $2.37 during trading hours on Monday, reaching $38.71. The company had a trading volume of 58,754 shares, compared to its average volume of 59,190. The company has a market capitalization of $555.29 million, a price-to-earnings ratio of 22.98 and a beta of 0.63. York Water has a 12-month low of $33.32 and a 12-month high of $42.49. The firm has a 50 day simple moving average of $37.94 and a 200-day simple moving average of $36.66. The company has a current ratio of 0.98, a quick ratio of 0.80 and a debt-to-equity ratio of 0.85.

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.