tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

The York Water Company Reports Mixed Earnings Results

The York Water Company Reports Mixed Earnings Results

The York Water ( (YORW) ) has released its Q3 earnings. Here is a breakdown of the information The York Water presented to its investors.

Meet Your ETF AI Analyst

The York Water Company, a utility firm specializing in water and wastewater services, operates primarily in Pennsylvania, focusing on infrastructure improvements and customer service expansion.

In its latest earnings report, The York Water Company announced an increase in third-quarter operating revenues to $20.361 million, marking a rise of $646,000 compared to the same period last year. Despite the revenue boost, the company’s net income for the first nine months of 2025 saw a slight decrease of $292,000 year-over-year, totaling $14.891 million.

Key financial highlights include a rise in basic and diluted earnings per share to $0.43 for the third quarter, up by $0.02 from the previous year. The revenue growth was driven by an expanding customer base and the Distribution System Improvement Charge, though higher operational costs and increased interest on debt offset some gains. The company also reported significant capital investments of $37.1 million in infrastructure and software upgrades during the first nine months of the year.

Looking ahead, The York Water Company plans to invest an additional $10 million in 2025 to further enhance its infrastructure and service capabilities, aiming to ensure a reliable water supply and efficient wastewater management for its customers.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1