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Artesian Resources Q1 FY26 diluted EPS rises 7.5% to $0.57; revenue increases 7.3% to $27.8 million
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Artesian Resources Q1 FY26 diluted EPS rises 7.5% to $0.57; revenue increases 7.3% to $27.8 million
  • Artesian Resources reported first-quarter 2026 diluted EPS of $0.57, up 7.5%, as net income climbed 9.2% to $5.9 million.
  • Revenue rose 7.3% to $27.8 million, driven by a $1.5 million gain in water sales revenue on temporary rate increases allowed under Delaware law and higher customer counts.
  • Operating expenses excluding depreciation and income taxes increased 5.7% to $14.4 million, led by higher payroll and employee benefits, supply and treatment costs, and transmission, distribution and collection system costs.
  • Capital spending totaled $13.1 million in first-quarter 2026, funding water and wastewater infrastructure work including PFAS treatment upgrades and construction of new wastewater treatment plants.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Artesian Resources Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605051715PRIMZONEFULLFEED9713817) on May 05, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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