NASDAQ$YORW

The York Water Company · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

York Water's Q1 2023 earnings decreased compared to Q1 2022.

York Water reported an increase in operating revenues but a decrease in net income and earnings per share for the first quarter of 2023 compared to the same period in 2022. Increased revenues were primarily due to rate increases, partially offset by the reset of the Distribution System Improvement Charge (DSIC) and increased expenses.

  • Operating revenues increased by $1,161,000 compared to Q1 2022.
  • Net income decreased by $206,000 compared to Q1 2022.
  • Earnings per share decreased by $0.03 compared to Q1 2022.
  • The company invested $10.6 million in capital projects during the quarter.

Headline financials

Total Revenue

$15.4M

Previous: $14.2M+8.2%
EPS (adj)

$0.26

Previous: $0.29-10.3%
Capital Expenditures

-$10.6M

Previous: -$7.5M-41.0%
Free Cash Flow

-$6.93M

Previous: -$3.65M-90.1%
Net Income

$3.65M

Previous: $3.86M-5.3%
Operating Income

$5.42M

Previous: $5.3M+2.3%
Gross Profit

$15.4M

Previous: $14.2M+8.2%
Cash & Equivalents

$166K

Previous: $1K+16500.0%
Total Assets

$525M

Previous: $469M+11.9%

Revenue & EPS history

York Water · Revenue · Quarterly

$15.4M

Q1 2023+8.2%vs Q1 2022
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

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 Q1 2023

Historical avgQ1 2023

-0.1%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+1.4%

Avg return

30 days after

49%

32 / 65 earnings

Positive

+8.1%

Q4 2020

Best reaction

-11.5%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.0%+1.7%+1.6%
Q4 2025+0.3%-1.2%-5.4%
Q3 2025-1.3%-0.8%+2.2%
Q1 2025+1.0%+1.4%-1.1%
Q4 2024+0.0%+3.2%+5.6%
Q3 2024-1.7%-5.5%-9.3%
Q2 2024-5.9%-7.2%-5.3%
Q1 2024+1.7%+4.6%-0.3%
Q4 2023-1.4%-0.8%-1.9%
Q3 2023+3.5%+1.8%+5.8%
Q2 2023-0.1%+1.0%-1.5%
Q1 2023-0.8%+0.7%-0.8%
Q4 2022+0.0%+1.0%+6.2%
Q3 2022+5.2%+2.6%+8.3%
Q2 2022-0.5%+0.6%+2.5%
Q1 2022+3.0%+0.3%+7.5%
Q4 2021-6.3%-8.3%-8.7%
Q3 2021+1.4%+2.2%-3.2%
Q2 2021+1.4%+0.2%+7.6%
Q1 2021-4.9%-4.6%-1.3%
Q4 2020+8.1%+9.4%+11.1%
Q3 2020+0.2%+9.3%+5.5%
Q2 2020+6.9%+4.6%-0.8%
Q1 2020+1.3%+5.8%+11.3%
Q4 2019-11.5%-12.0%-6.2%
Q3 2019-2.0%-1.9%+4.5%
Q2 2019-2.4%-0.7%+4.1%
Q1 2019-1.1%+4.5%+3.0%
Q4 2018-4.1%-5.6%-5.9%
Q3 2018-0.1%+1.4%+6.5%
Q2 2018-3.3%-2.0%-0.7%
Q1 2018-1.1%-0.9%-3.7%
Q4 2017+5.1%+9.6%+12.0%
Q3 2017+4.2%+2.4%+7.5%
Q2 2017+2.4%+0.0%-3.2%
Q1 2017-9.2%-10.4%-11.4%
Q4 2016-3.4%-5.1%-2.4%
Q3 2016-1.5%+0.2%+21.6%
Q2 2016-4.3%-4.9%-7.9%
Q1 2016-1.6%
Q4 2015+6.1%
Q3 2015-1.8%
Q2 2015-3.3%
Q1 2015-2.4%
Q4 2014+1.0%
Q3 2014-1.8%
Q2 2014+1.5%
Q1 2014-1.2%
Q4 2013-2.5%
Q3 2013+1.0%
Q2 2013-0.4%
Q1 2013-1.4%
Q4 2012+0.6%
Q3 2012-2.0%
Q2 2012-2.1%
Q1 2011+0.5%
Q1 2012+0.5%
Q4 2011+1.4%
Q3 2011+2.1%
Q3 2010+2.1%
Q4 2009+3.6%
Q2 2011+3.6%
Q2 2010+3.6%
Q4 2010+3.6%
Q1 2010+2.0%

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