NASDAQ$YORW

The York Water Company · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

York Water's Q4 2020 results were announced, showcasing increased operating revenues and net income compared to Q4 2019.

York Water Company reported an increase in operating revenues and net income for the fourth quarter of 2020, with earnings per share also increasing. The growth was primarily driven by higher residential consumption and customer base expansion, offset by increased operation and maintenance expenses and depreciation.

  • Operating revenues for Q4 2020 increased by $379,000 compared to Q4 2019.
  • Net income for Q4 2020 increased by $321,000 compared to Q4 2019.
  • Basic and Diluted Earnings per share for Q4 2020 increased to $0.28, up $0.02 from the same period last year.
  • Increased revenues were mainly due to higher per capita residential consumption and customer base growth, while income taxes decreased due to higher deductions.

Headline financials

Total Revenue

$13.4M

Previous: $13M+2.9%
EPS (adj)

$0.28

Previous: $0.26+7.7%
Net Income

$3.71M

Previous: $3.39M+9.5%
Operating Income

$5.5M

Previous: $5.71M-3.7%
Gross Profit

$10.6M

Previous: $10.3M+2.8%
Cash & Equivalents

$2K

Previous: $2K+0.0%
Total Assets

$407M

Previous: $364M+11.9%

Revenue & EPS history

York Water · Revenue · Quarterly

$13.4M

Q4 2020+2.9%vs Q4 2019
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

York Water plans to invest approximately $36 million in 2021 and $40 million in 2022, excluding acquisitions, for additional main extensions, dam improvements, an elevated water tank, an upgrade to the enterprise software system, completion of a wastewater treatment plant, and improvements to its pipes, service lines, and other facilities.

Tailwinds

  • Additional main extensions
  • Dam improvements
  • An elevated water tank
  • An upgrade to the enterprise software system
  • Completion of a wastewater treatment plant

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 Q4 2020

Historical avgQ4 2020

-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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