NasdaqGS:MSEXWater Utilities
Middlesex Water (MSEX): Assessing Valuation After Q3 Earnings Miss and Dividend Hike
Middlesex Water (MSEX) shares have recently responded to third quarter earnings results that missed consensus expectations. Both revenue and earnings per share came in below forecasts amid softer water consumption.
See our latest analysis for Middlesex Water.
The disappointing third quarter results put immediate pressure on Middlesex Water’s share price, which slid more than 13% in a single day. While the company marked its 53rd consecutive dividend increase and announced a new utility...