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Middlesex Water: 2Q Earnings Snapshot

July 31, 2019

ISELIN, N.J. (AP) _ Middlesex Water Co. (MSEX) on Wednesday reported second-quarter profit of $8.1 million.

On a per-share basis, the Iselin, New Jersey-based company said it had net income of 49 cents.

The water utility posted revenue of $33.4 million in the period.

Middlesex Water expects full-year earnings to be $1.94 to $1.98 per share.

Middlesex Water shares have climbed 18% since the beginning of the year. The stock has risen 41% in the last 12 months.

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