Key takeaways
- Artesian Resources Corporation reported third-quarter 2026 diluted earnings of $0.65 per share, missing the $0.67 estimate and down from $0.68 a year earlier.
- Revenue reached $31.9 million, below the $32.2 million estimate, but increased 4.8% year-over-year.
- Key financial ratios include a trailing price-to-earnings ratio of 14.62, a price-to-sales ratio of 2.97, and a debt-to-equity ratio of 0.72.
Artesian Resources Corporation (NASDAQ: ARTNA) supplies water. It reports third-quarter 2026 diluted earnings of $0.65 per share, below the $0.67 estimate and down from $0.68 a year earlier, as highlighted by GlobeNewsWire.
Revenue reaches $31.9 million, below the $32.2 million estimate. It rises $1.5 million, or 4.8%, from a year earlier. Net income falls $0.2 million, or 3.0%, to $6.8 million.
Water sales revenue increases $0.8 million, or 3.4%, primarily from higher consumption, more customers served and increased Distribution System Improvement Charge revenue.
Artesian Resources Corporation’s trailing price-to-earnings ratio is 14.62, and its price-to-sales ratio is 2.97. Its enterprise-value-to-sales ratio is 4.47, while enterprise value is 12.99 times operating cash flow. The trailing earnings yield is 6.80%, the debt-to-equity ratio is 0.72, and the current ratio is 1.01.
