The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Artesian Resources's revenues will expand 2.4% and EPS will decrease -12.5%.
The average estimate for revenue is $18.3 million. On the bottom line, the average EPS estimate is $0.28.
Last quarter, Artesian Resources logged revenue of $16.3 million. GAAP reported sales were 2.2% lower than the prior-year quarter's $16.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, EPS came in at $0.19. GAAP EPS of $0.19 for Q1 were 34% lower than the prior-year quarter's $0.29 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 42.6%, 690 basis points worse than the prior-year quarter. Operating margin was 23.6%, 800 basis points worse than the prior-year quarter. Net margin was 10.0%, 500 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $72.1 million. The average EPS estimate is $1.13.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 32 members out of 36 rating the stock outperform, and four members rating it underperform. Among 10 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), nine give Artesian Resources a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Artesian Resources is outperform, with an average price target of $24.17.
Looking for alternatives to Artesian Resources? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Artesian Resources to My Watchlist.