York Water (NASDAQ:YORW) Full Year 2024 Results
Key Financial Results
- Revenue: US$75.0m (up 5.5% from FY 2023).
- Net income: US$20.3m (down 14% from FY 2023).
- Profit margin: 27% (down from 33% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: US$1.42 (down from US$1.66 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
York Water Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Water Utilities industry in the US.
Performance of the American Water Utilities industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for York Water (1 is concerning!) that you need to be mindful of.
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