Artesian's earnings of $0.01 exceeded expectations, and profits were notably high compared to forecasts.
According to the Artesian (NASDAQ: ARTNA) report, the earnings per share for the first quarter came in at $0.37, surpassing analysts' expectations of $0.36 by $0.01. The reported profit for this quarter was determined to be $26.85 million, while analysts had forecasted $25 million.
Artesian's stock closed at $30.84 for the day, indicating a decline of 2.06% over the past three months and a total drop of 16.22% in the last year. While the company has seen positive earnings per share over the last 90 days, it has also experienced negative earnings per share. Explore how Artesian's stock price has reacted to past earnings reports. According to InvestingPro, Artesian's financial health score is "Very Good." Review the latest earnings reports and financial information about Artesian here, and stay updated on all developments related to financial statements by visiting the Investing.com Earnings Calendar.