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Middlesex Water Company Reports Third Quarter 2025 Earnings
Globenewswire· 2025-11-01 04:50
Diluted earnings per share (“EPS”) of $0.77Invested $72 million in water and wastewater utility infrastructure during the nine months ended September 30, 2025, or approximately 77% of the 2025 capital budgetDeclared $0.36 common stock cash dividend, a 5.88% increaseExecuted the asset purchase agreement to acquire Pinewood Acres water utility assets in Delaware ISELIN, N.J., Oct. 31, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ: MSEX) today announced financial resul ...
Pennsylvania American Water Offers Customer Assistance Options
Businesswire· 2025-11-01 00:49
MECHANICSBURG, Pa.--(BUSINESS WIRE)---- $AWK #CustomerAssistance--Pennsylvania American Water recognizes that customers may be facing financial challenges related to the government shutdown. The company offers several payment plans and assistance programs to support customers with their water and/or wastewater bill. "Pennsylvania American Water is sensitive to the fact that some of our customers may be impacted by the government shutdown,†said Gary Lobaugh, the company's director of government and external ...
Essential Utilities: I'm Holding Shares Ahead Of The Merger (NYSE:WTRG)
Seeking Alpha· 2025-10-31 21:05
If you enjoyed this, consider Ian's Insider Corner to enjoy access to similar initiation reports for all the new stocks that we buy. Membership also includes an active chat room, weekly updates, and my responses to your questions.On Monday, American Water Works ( AWK ) announced that it will be acquiring Essential Utilities ( WTRG ). This will be a huge merger within the U.S. water utility space.Ian Bezek is a former hedge fund analyst at Kerrisdale Capital. He has spent the decade living in Latin America, ...
Artesian Resources Corporation Reports Third Quarter and Year-To-Date 2025 Results
Globenewswire· 2025-10-31 04:10
NEWARK, Del., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced third quarter and year-to-date results for 2025. Diluted net income per share increased to $0.68 in the third quarter and $1.81 year-to-dateNet income increased $0.1 million (2.2%) in the third quarter and $2.1 million (12.9%) year-to-dateInvested $40.5 million year-to-d ...
American Water Works Q3 Earnings Beat Estimates, Revenues Up Y/Y
ZACKS· 2025-10-31 01:20
Key Takeaways American Water Works' Q3 EPS of $1.94 beat estimates and rose 7.8% year over year.Revenues climbed 9.8% to $1.45 billion, driven by new rates and acquisition contributions.AWK reiterated 2025 EPS guidance and outlined $46-$48 billion in long-run capital plans.American Water Works Company (AWK) reported third-quarter 2025 earnings per share (EPS) of $1.94, which beat the Zacks Consensus Estimate of $1.90 by 2.1%.The bottom line improved 7.8% from the year-ago quarter's level of $1.80, driven by ...
California Water Service(CWT) - 2025 Q3 - Earnings Call Transcript
2025-10-31 00:00
California Water Service Group (NYSE:CWT) Q3 2025 Earnings Call October 30, 2025 11:00 AM ET Speaker2Hello and thank you for standing by. We will be starting shortly. Thank you.Speaker3Sam.Speaker0Sa.Speaker3Sam.Speaker0Sa.Speaker2Ladies and gentlemen, thank you for standing by. Hello, my name is Dustin and I will be your conference operator today. At this time I would like to welcome you to California Water Service Group third quarter 2025 earnings conference call. All lines have been placed on mute to pre ...
California Water Service(CWT) - 2025 Q3 - Earnings Call Presentation
2025-10-30 23:00
业绩总结 - 2025年第三季度运营收入为3.112亿美元,较2024年第三季度的2.996亿美元增长3.9%[9] - 2025年第三季度净收入为6070万美元,较2024年第三季度的6120万美元下降0.8%[10] - 2025年年初至今运营收入为8.146亿美元,净收入为1.711亿美元,摊薄EPS为2.93美元[15] - 报告的GAAP营业收入为780.162百万美元,较2024年的814.611百万美元下降[49] - 调整后的营业收入(非GAAP)为780.162百万美元,较2024年的727.129百万美元上升[49] - 报告的GAAP稀释每股收益为1.96美元,较2024年的2.93美元下降[49] 用户数据 - 预计到2025年,连接和承诺的客户总数将超过19,000个[38] - 预计在现有服务区域内将增加20,000个潜在客户[38] - 预计在现有服务区域附近将有100,000个额外潜在客户[38] 投资与资本支出 - 2025年第三季度水系统基础设施投资为1.352亿美元,年初至今总投资为3.647亿美元[6] - 2025年资本投资预计为6.9亿美元,折旧费用为1.581亿美元[22] - 2025年至2027年,针对PFAS的投资总额为226.0百万美元[41] 未来展望 - 预计到2027年,公司的资产基础将超过33亿美元[26] - 2026年、2027年和2028年请求的总收入增加分别为140.6百万美元(17.1%)、83.6百万美元(8.1%)和72.4百万美元(7.7%)[43] 现金流与股息 - 公司保持强劲的流动性,未限制现金为7600万美元,限制现金为4560万美元,可用信贷为2.55亿美元[31] - 2025年预计年度股息为1.24美元,包含一次性特别股息0.04美元,年均股息增长率为7.7%[35] 负面信息 - 2024年加州一般费率案件中,提议的投资总额为1.6十亿美元[42] - 截至2025年9月,已收到与某些责任方的和解款项总计34.8百万美元[41] - 2025年第三季度每股摊薄收益(EPS)为1.03美元,与2024年第三季度持平[11]
California Water Service GAAP EPS of $1.03 beats by $0.09, revenue of $311.2M misses by $10.15M (NYSE:CWT)
Seeking Alpha· 2025-10-30 21:06
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American Water Works pany(AWK) - 2025 Q3 - Earnings Call Presentation
2025-10-30 21:00
业绩总结 - 2025年截至9月30日的每股收益(EPS)为4.47美元,较2024年增长9.0%[9] - 2025年第三季度每股收益为2.53美元,较2024年第三季度的2.37美元增长6.8%[9] - 2025年每股收益指导范围为5.70至5.75美元,预计2026年每股收益为6.02至6.12美元[12][24] - 2025年指导收入为56亿至56.5亿美元,较2024年中点增长8.6%[66] - 2025年每股收益(EPS)预计增长8.6%[68] 用户数据与市场扩张 - 截至2025年10月29日,公司拥有约60,100个客户连接,年初至今共完成22项收购,涉及6个州,总金额为2.91亿美元[53] - 截至2025年10月29日,已关闭的收购包括约17,500个客户连接,涉及5个州,总金额为5200万美元[53] - Nexus Water Group系统的收购预计在2026年8月之前完成,涉及约46,600个客户连接,金额为3.15亿美元[53] - 目前有超过150万个客户连接在管道中[55] 资本投资与融资 - 2025年资本投资计划的总资金来源预计为约290亿美元,其中运营现金流为140亿美元,债务融资为125亿美元,股权发行为25亿美元[36] - 公司已签署约10亿美元的股权前向协议,预计在2026年中期结算以满足2026年的股权需求[9] - 2025年成功完成9亿美元的高级票据发行,年利率为5.700%[72] - 2025年成功完成8亿美元的高级票据发行,年利率为5.250%[71] 未来展望与战略 - 预计2026年每股收益的增长率为8%(基于中点)[28] - 公司的长期目标为每股收益和每股股息增长均在7-9%之间,债务资本比率目标为低于60%[14][15] - 美国水务公司预计在2026-2030年计划中,PFAS处理的资本支出为20亿美元,年运营费用高达5000万美元[76] 负面信息与其他 - 2025年第三季度的天气影响预计每股收益为0.03美元,2024年为0.04美元[64] - 截至2025年9月30日,公司从3M获得的和解款项约为1.35亿美元[76] - 2025年和2026年的收益指导不包括与Essential Utilities合并相关的交易成本和费用[61]
Leading Water Utility California Water Service Group Reports Strong Third Quarter 2025 Results
Globenewswire· 2025-10-30 21:00
SAN JOSE, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group or Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported strong financial results for the third quarter 2025. Financial highlights included: Net income of $61.2 million in Q3 2025 and diluted EPS of $1.03, consistent with net income and diluted EPS reported in Q3 2024.$135.2 million invested in water system infrastructure during Q3 202 ...