Middlesex Water Q2 EPS rises to $0.79 from $0.60 on higher revenue
Middlesex Water reported second quarter 2026 results, with net income of $14.8 million and diluted EPS of $0.79, up from $10.8 million and $0.60 a year earlier. Operating revenues rose $7.0 million to $56.4 million, driven by wholesale demand, customer consumption and rate increases, while operating expenses rose about $2.7 million. For shareholders, the filing shows higher earnings and a declared third quarter dividend of $0.36 per share.
Key points
- Q2 2026 net income was $14.8 million and diluted EPS was $0.79, compared with $10.8 million and $0.60 in Q2 2025.
- Q2 2026 operating revenues were $56.4 million, up $7.0 million; operating expenses were $38.1 million, up about $2.7 million.
- Six-month diluted EPS was $1.36 versus $1.13 a year earlier; six-month net income was $25.4 million, up $5.1 million.
- The board declared a $0.36 per share third quarter dividend, payable September 1, 2026, to holders of record as of August 17, 2026.
The filing
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 July 30, 2026.
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.