NASDAQ$YORW

The York Water Company · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

York Water's Q4 2022 earnings increased compared to the same period last year.

York Water reported increased operating revenues and net income for the fourth quarter of 2022, driven by customer base growth and the utilization of the Distribution System Improvement Charge (DSIC).

  • Operating revenues increased by $1,377,000 compared to Q4 2021.
  • Net income increased by $1,010,000 compared to Q4 2021.
  • Basic and Diluted Earnings per share increased to $0.35, up $0.04 from the same period last year.
  • Revenue growth was primarily due to customer base growth from acquisitions and the Distribution System Improvement Charge (DSIC).

Headline financials

Total Revenue

$15.1M

Previous: $13.7M+10.0%
EPS (adj)

$0.35

Previous: $0.31+12.9%
Net Income

$5.01M

Previous: $4M+25.2%
Operating Income

$5.76M

Previous: $5.46M+5.5%
Gross Profit

$11.1M

Previous: $10.7M+4.0%
Cash & Equivalents

$1K

Previous: $1K+0.0%
Total Assets

$511M

Previous: $459M+11.3%

Revenue & EPS history

York Water · Revenue · Quarterly

$15.1M

Q4 2022+10%vs Q4 2021
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

Forward guidance

York Water plans to invest approximately $60.6 million in 2023 and $47.1 million in 2024, excluding acquisitions, for additional main extensions, armoring and replacing the spillway of the Lake Williams dam, wastewater treatment plant construction, water treatment plant upgrades, and improvements to its pipes, service lines, and other facilities.

Tailwinds

  • Investing in main extensions.
  • Armoring and replacing the spillway of the Lake Williams dam.
  • Wastewater treatment plant construction.
  • Water treatment plant upgrades.
  • 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 Q4 2022

Historical avgQ4 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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