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Artesian Resources reported lower earnings per share for the third quarter, but year-to-date income went up a bit.

ResultsRead the original at SEC EDGAR
Neutral

Artesian's third-quarter sales rose, but profit per share and total profit fell as costs increased. Nine-month sales and profit rose, so these mixed results do not clearly change the company's outlook.

ARTNA · Artesian Resources Corporation

AI read · Neutral

The AI's read

More water use, added customers, temporary rate increases, and wastewater services lifted sales. But operating costs rose faster in the quarter, and interest costs also increased. Nine-month profit grew, so the report does not point clearly in one direction.

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