Published on 22 Sep 2023 on Zacks via Yahoo Finance
4 Reasons to Add Artesian Resources (ARTNA) to Your Portfolio
Artesian Resources Corporation ARTNA and its subsidiaries provide water and wastewater services to its customers. The company supplies 8.7 billion gallons of water per year through 1,442 miles of transmission and distribution mains to its customers. Its strong dividend payment history and rising earnings estimates make it a solid candidate for adding to your portfolio.Let’s focus on the factors that make this Zacks Rank #2 (Buy) stock a strong investment option at the moment.
Growth Projections & Surprise History
The Zacks Consensus Estimate for 2023 earnings per share (EPS) is pegged at $1.75, implying an increase of 0.6% in the past 60 days.The Zacks Consensus Estimate for 2023 revenues is pinned at $101 million, implying a year-over-year increase of 2.1%.The company delivered an average earnings surprise of 3% in the last four quarters.