NASDAQ$YORW

The York Water Company · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Second quarter earnings decreased compared to the same period last year.

York Water Company reported a decrease in operating revenues and net income for the second quarter of 2024. Operating revenues decreased by $17,000, and net income decreased by $1,531,000 compared to the second quarter of 2023. Earnings per share also decreased by $0.10.

  • Operating revenues decreased by $17,000 compared to Q2 2023.
  • Net income decreased by $1,531,000 compared to Q2 2023.
  • Basic and Diluted Earnings per share decreased by $0.10 compared to Q2 2023.
  • Decrease in net income was primarily due to higher operation and maintenance expenses and depreciation, higher interest on debt, and lower allowance for funds used during construction (AFUDC).

Headline financials

Total Revenue

$18.8M

Previous: $18.8M-0.1%
EPS

$0.35

Previous: $0.45-22.2%
Dividends Declared

$0.21

No prior period
Avg Common Shares

14.3M

No prior period
Capital Expenditures

-$20.9M

Previous: -$29.8M+29.7%
Free Cash Flow

-$15.9M

Previous: -$23.2M+31.5%
Net Income

$4.99M

Previous: $6.52M-23.5%
Operating Income

$7.06M

Previous: $8.52M-17.1%
Gross Profit

$18.8M

Previous: $18.8M-0.1%
Cash & Equivalents

$1K

Previous: $1K+0.0%
Total Assets

$610M

Previous: $544M+12.3%

Revenue & EPS history

York Water · Revenue · Quarterly

$18.8M

Q2 2024-0.1%vs Q2 2023
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

Forward guidance

The news release contains forward-looking statements regarding the Company’s operational and financial expectations which are subject to risks, uncertainties, and other events.

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 2024

Historical avgQ2 2024

-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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