York Water Co (YORW) Releases Earnings Results, Reports EPS of $0.23 EPS

York Water Co (YORW) reported quarterly earnings results on Wednesday, Aug-3-2016. The company reported $0.23 EPS for the quarter. Analysts had a consensus estimate of $0.23. The company posted revenue of $11.80 million in the period, compared to analysts expectations of $12.08 million. The company’s revenue was down -.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 EPS.

York Water Co closed down -0.64 points or -2.03% at $30.93 with 22,755 shares getting traded on Tusday. Post opening the session at $31.32, the shares hit an intraday low of $30.91 and an intraday high of $31.32 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Jul 18, 2016, John H Strine (Vice President – Operations) purchased 66 shares at $30.25 per share price. According to the SEC, on Jul 18, 2016, Mark S Snyder (Vice President – Engineering) purchased 32 shares at $30.25 per share price. On Jul 18, 2016, Kathleen M Miller (Chief Financial Officer) purchased 130 shares at $30.25 per share price, according to the Form-4 filing with the securities and exchange commission.

The York Water Company is an investor-owned water utility in the United States. The Company impounds purifies and distributes water. The Company owns and operates two wastewater collection and treatment systems. The Company operates within its franchised territory which covers 39 municipalities within York County Pennsylvania and eight municipalities within Adams County Pennsylvania. The Company’s wastewater operations include portions of three municipalities in York County Pennsylvania. It obtains its water supply from both the South Branch and East Branch of the Codorus Creek which together have an average flow of 73 million gallons per day. The Company has two reservoirs Lake Williams and Lake Redman which together hold up to approximately 2.2 billion gallons of water. The Company’s water filtration plant is located in Spring Garden Township about one-half mile south of the City of York.

York Water Co

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