Artesian resources OUR LAND reported fourth quarter earnings results on Wednesday, March 13, 2024 at 4:56 pm.
Here’s what investors need to know about the announcement.
Earnings
Artesian Resources beat estimated earnings by 10.0%, reporting EPS of $0.34 versus an estimate of $0.31.
Revenue decreased by $572,000 compared to the same period last year.
Past earnings performance
In the last quarter the company missed EPS by $0.11, followed by a 1.0% decline in the stock price the next day.
Here’s a look at Artesian Resources’ past performance:
| Quarter | Third quarter 2023 | Second quarter 2023 | First quarter 2023 | Fourth quarter 2022 |
|---|---|---|---|---|
| EPS estimate | 0.60 | 0.37 | 0.50 | 0.27 |
| Actual EPS | 0.49 | 0.44 | 0.39 | 0.24 |
| Revenue estimate | 27:00M | 26.00M | 11pm | 11pm |
| Actual revenue | 26.57 million | 25.25 million | 22.50 million | 25.12 million |
** Hear the earnings call for yourself by clicking here. **
To track all earnings releases for Artesian Resources, visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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