NASDAQ$MSEX
Middlesex Water Company · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported an increase in revenue and earnings per share for the third quarter of 2022.
Middlesex Water Company reported an increase in third quarter diluted earnings per share to $0.80, compared to $0.65 per share for the same period in 2021. Net income increased by $2.8 million to $14.3 million. Consolidated operating revenues for the quarter increased by $7.9 million to $47.7 million compared to the same period in 2021.
- Third quarter diluted earnings per share increased to $0.80, compared to $0.65 per share for the same period in 2021.
- Net income increased by $2.8 million to $14.3 million.
- Consolidated operating revenues increased by $7.9 million to $47.7 million compared to the same period in 2021.
- The company dedicated a new ozone treatment facility in New Jersey and continues to upgrade critical utility infrastructure in New Jersey and Delaware.
Headline financials
Revenue & EPS history
Middlesex Water · Revenue · Quarterly
$47.7M
Forward guidance
Middlesex Water Company remains focused on delivering high quality drinking water, maintaining safety and security, and investing in infrastructure and technologies to enhance their ability to respond to environmental challenges and regulations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
-0.6%
Avg return
Earnings day
-0.0%
Avg return
5 days after
+1.3%
Avg return
30 days after
42%
27 / 65 earnings
Positive
+15.8%
Q4 2024
Best reaction
-12.2%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.1% | +0.5% | +3.1% | |
| Q4 2025 | -0.6% | +0.3% | -7.9% | |
| Q3 2025 | -12.2% | -8.1% | -10.8% | |
| Q1 2025 | -4.0% | -3.6% | -7.7% | |
| Q4 2024 | +15.8% | +21.9% | +27.9% | |
| Q3 2024 | +4.5% | +7.0% | +4.7% | |
| Q2 2024 | -0.3% | -4.5% | -4.7% | |
| Q1 2024 | +4.6% | +6.3% | -3.4% | |
| Q4 2023 | +0.4% | +0.8% | +2.7% | |
| Q3 2023 | -2.8% | +4.8% | +6.5% | |
| Q2 2023 | -1.6% | -1.6% | -3.4% | |
| Q1 2023 | -4.9% | +1.2% | +11.5% | |
| Q4 2022 | -6.1% | -9.1% | -8.0% | |
| Q3 2022 | +2.3% | -1.9% | +8.3% | |
| Q2 2022 | -7.1% | -3.1% | -4.8% | |
| Q1 2022 | -5.0% | -1.1% | -3.3% | |
| Q4 2021 | +2.1% | +2.9% | +4.7% | |
| Q3 2021 | -7.2% | -6.9% | -4.0% | |
| Q2 2021 | +2.6% | +5.6% | +5.8% | |
| Q1 2021 | -1.0% | +0.4% | +6.3% | |
| Q4 2020 | -3.4% | -1.7% | +11.5% | |
| Q3 2020 | +2.1% | -1.1% | +4.9% | |
| Q2 2020 | +1.7% | +1.3% | -0.1% | |
| Q1 2020 | +0.1% | +1.7% | +12.1% | |
| Q4 2019 | -9.2% | -3.5% | -12.7% | |
| Q3 2019 | -3.8% | -5.5% | -6.6% | |
| Q2 2019 | -6.5% | -8.4% | -1.7% | |
| Q1 2019 | -1.8% | +4.8% | +3.1% | |
| Q4 2018 | +4.1% | +3.4% | -3.1% | |
| Q3 2018 | +11.1% | +20.0% | +18.8% | |
| Q2 2018 | -1.4% | +2.5% | +5.8% | |
| Q1 2018 | -1.9% | -0.7% | +0.6% | |
| Q4 2017 | +1.8% | -1.1% | +5.2% | |
| Q3 2017 | -0.2% | +0.5% | +5.9% | |
| Q2 2017 | +1.3% | +0.4% | -3.2% | |
| Q1 2017 | -2.2% | -6.7% | -2.2% | |
| Q4 2016 | -4.9% | -8.5% | -4.2% | |
| Q3 2016 | -4.6% | -5.3% | +14.4% | |
| Q2 2016 | -3.7% | -5.7% | -19.6% | |
| Q1 2016 | +1.5% | — | — | |
| Q4 2015 | +6.9% | — | — | |
| Q3 2015 | -1.1% | — | — | |
| Q2 2015 | -0.7% | — | — | |
| Q1 2015 | -2.4% | — | — | |
| Q4 2014 | -2.6% | — | — | |
| Q3 2014 | +0.6% | — | — | |
| Q2 2014 | +0.6% | — | — | |
| Q1 2014 | +0.5% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q3 2013 | +0.2% | — | — | |
| Q2 2013 | -2.1% | — | — | |
| Q1 2013 | +2.7% | — | — | |
| Q4 2012 | +0.1% | — | — | |
| Q3 2012 | +1.7% | — | — | |
| Q2 2012 | +2.5% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2011 | +1.0% | — | — | |
| Q3 2011 | -0.8% | — | — | |
| Q3 2010 | -0.8% | — | — | |
| Q2 2011 | -0.4% | — | — | |
| Q2 2010 | -0.4% | — | — | |
| Q4 2009 | -0.4% | — | — | |
| Q1 2011 | -0.4% | — | — | |
| Q4 2010 | -0.4% | — | — | |
| Q1 2010 | -6.2% | — | — |
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