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Middlesex Water Co <MSEX.OQ> expected to post earnings of 37 cents a share - Earnings Preview

ReutersFeb 26, 2025 9:04 PM
  • Middlesex Water Co MSEX.OQ MSEX.O is expected to show a rise in quarterly revenue when it reports results on February 28 for the period ending December 31 2024

  • The Iselin New Jersey-based company is expected to report a 11.4% increase in revenue to $43 million from $38.6 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Middlesex Water Co is for earnings of 37 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Middlesex Water Co is $61.00​, above​ its last closing price of $52.63. ​​​

This summary was machine generated February 26 at 21:04 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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