NASDAQ$YORW

The York Water Company · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

York Water's Q2 2022 earnings increased due to revenue growth from customer base expansion and infrastructure improvements.

York Water Company reported an increase in operating revenues and net income for the second quarter of 2022. Operating revenues increased by $1,098,000 and net income increased by $545,000 compared to the second quarter of 2021. Earnings per share increased by $0.01 to $0.36.

  • Operating revenues increased by $1,098,000 compared to Q2 2021.
  • Net income increased by $545,000 compared to Q2 2021.
  • Earnings per share increased by $0.01 to $0.36 compared to Q2 2021.
  • Revenue growth was driven by customer base expansion and the Distribution System Improvement Charge (DSIC).

Headline financials

Total Revenue

$14.9M

Previous: $13.8M+8.0%
EPS (adj)

$0.36

Previous: $0.35+2.9%
Capital Expenditures

-$19M

Previous: -$16M-18.5%
Free Cash Flow

-$14M

Previous: -$11.6M-20.9%
Net Income

$5.03M

Previous: $4.48M+12.2%
Operating Income

$6.57M

Previous: $5.9M+11.4%
Gross Profit

$14.9M

Previous: $13.8M+8.0%
Cash & Equivalents

$2.64M

Previous: $6K+43966.7%
Total Assets

$487M

Previous: $421M+15.7%

Revenue & EPS history

York Water · Revenue · Quarterly

$14.9M

Q2 2022+8%vs Q2 2021
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

Forward guidance

The Company estimates it will invest an additional $26.0 million in 2022, excluding acquisitions, for armoring and replacing the spillway of the Lake Williams dam, additional main extensions, and routine improvements to its pipes, service lines, and other facilities.

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 Q2 2022

Historical avgQ2 2022

-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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