AI brief of an SEC Form 8-K · Middlesex Water (MSEX)

Middlesex Water Q3 diluted EPS rises 42.9% to $0.80; revenue up to $55.1 million

Positive Impact 3 of 5 earnings Written later

Middlesex Water reported third quarter 2024 results on October 31, 2024, with diluted earnings per share of $0.80 versus $0.56 a year earlier and revenue of $55.1 million, up $8.4 million. The company also raised its quarterly dividend 4.62% to $0.34 per share, lifting the annual rate to $1.36 from $1.30.

Key points

  • Q3 2024 net income was $14.3 million, up $4.3 million from the same period in 2023.
  • Nine-month diluted EPS was $1.98 versus $1.44, helped in part by a one-time recovery of $6.8 million in prior period costs at the Park Avenue Wellfield.
  • Quarterly dividend of $0.34 per share is payable December 2, 2024, to holders of record as of November 15, 2024.
  • Operations and maintenance expenses for the quarter rose $2.8 million, driven by legal, financial and regulatory matter costs among other factors.

The filing

CompanyMiddlesex Water (MSEX)
Form8-K, current report
Filed with the SECOct 31, 2024, 4:05 PM ET
Accession number0001174947-24-001199

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.