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Artesian Resources misses Q3 earnings and revenue estimates despite 4.8% revenue growth.

Company Fundamentals
11 Nov 2026, 11:00 WIB
Gordon Thompson
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Bearish
Artesian Resources misses Q3 earnings and revenue estimates despite 4.8% revenue growth.

Artesian Resources Corporation reported Q3 2026 earnings of $0.65 per share, missing the $0.67 estimate and down from $0.68 a year earlier. Revenue rose 4.8% year-over-year to $31.9 million but fell short of the $32.2 million forecast. Net income declined 3% to $6.8 million, while water sales revenue increased due to higher consumption and more customers. The company's financial ratios indicate moderate valuation and leverage levels, reflecting steady but slightly weaker performance this quarter.

Artesian Resources Q3 2026 earnings report provides context for readers following Utilities-sector stocks. As of Nov 11, 2026 09:02 WIB, among 39 priced Utilities-sector US stocks on Pluang, 13 rose and 26 fell. Brookfield Renewable (BEP) traded at USD 30.06 with a 3.62% decline and a typical hold time of 14 days, while Constellation Energy Corporation (CEG) was priced at USD 269.43, down 2.41%, with a longer hold time of 48 days. Companhia de saneamento Basico Do Estado De Sao Paulo (SBS) traded at USD 4.85, down 2.02%, with a typical hold time of just 4 days.

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