Middlesex Water (MSEX) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.79
- EPS estimate
- $0.66
- EPS surprise
- +20.30%
- Revenue surprise
- +3.39%
- Revenue
- $56.4M
- Revenue estimate
- $54.5M
- Reported
- Jul 30, 2026
Middlesex Water reported Q2 2026 results on July 30, 2026. Earnings per share were $0.79, ahead of the $0.66 estimate by 20.30%. Revenue was $56.4 million, 3.39% above the $54.5 million consensus and the highest in the table. Compared with Q2 2025, EPS rose about 32% from $0.60 and revenue rose about 14% from $49.3 million.
The table shows a clear seasonal pattern: the third quarter usually brings the highest EPS of the year, and the fourth quarter the lowest. Annual EPS was $2.38 in 2022, $1.76 in 2023, $2.47 in 2024 and $2.36 in 2025. Revenue grew each year, from $162.4 million in 2022 to $194.7 million in 2025, about 20% higher. The first half of 2026 adds up to $1.36 per share, about 20% more than the $1.13 of a year earlier. Results have often fallen short of forecasts: across the last 20 quarters, EPS came in below the estimate 13 times, above it five times and matched it twice.
Third-quarter results were reported between October 28 and November 9 in each of the past five years. That points to late October or early November 2026 for the next report. It will cover the usual seasonal peak.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 30, 2026 | $0.66 | $0.79 | +20.30% | $56.4M | SEC |
| Q1 2026 | Apr 30, 2026 | $0.57 | $0.57 | +0.00% | $48.7M | SEC |
| Q4 2025 | Feb 19, 2026 | $0.46 | $0.46 | +0.00% | $47.0M | SEC |
| Q3 2025 | Oct 31, 2025 | $0.87 | $0.77 | −11.49% | $54.1M | SEC |
| Q2 2025 | Jul 31, 2025 | $0.66 | $0.60 | −8.40% | $49.3M | SEC |
| Q1 2025 | May 1, 2025 | $0.61 | $0.53 | −12.40% | $44.3M | SEC |
| Q4 2024 | Feb 28, 2025 | $0.37 | $0.49 | +32.43% | $47.1M | SEC |
| Q3 2024 | Oct 31, 2024 | $0.69 | $0.80 | +15.94% | $55.1M | SEC |
| Q2 2024 | Jul 31, 2024 | $0.64 | $0.59 | −7.81% | $49.1M | SEC |
| Q1 2024 | May 8, 2024 | $0.48 | $0.59 | +22.92% | $40.5M | SEC |
| Q4 2023 | Feb 29, 2024 | $0.56 | $0.32 | −42.86% | $38.6M | SEC |
| Q3 2023 | Nov 9, 2023 | $0.86 | $0.56 | −34.88% | $46.7M | SEC |
| Q2 2023 | Jul 28, 2023 | $0.65 | $0.55 | −15.38% | $42.8M | SEC |
| Q1 2023 | May 1, 2023 | $0.53 | $0.33 | −37.74% | $38.2M | SEC |
| Q4 2022 | Feb 24, 2023 | $0.54 | $0.40 | −25.23% | $38.8M | SEC |
| Q3 2022 | Oct 28, 2022 | $0.88 | $0.80 | −9.09% | $47.7M | SEC |
| Q2 2022 | Jul 29, 2022 | $0.71 | $0.50 | −29.08% | $39.7M | SEC |
| Q1 2022 | Apr 29, 2022 | $0.52 | $0.68 | +30.77% | $36.2M | SEC |
| Q4 2021 | Feb 25, 2022 | $0.52 | $0.41 | −21.15% | $34.0M | SEC |
| Q3 2021 | Oct 29, 2021 | $0.80 | $0.65 | −18.24% | $39.9M | SEC |
Quarterly revenue
Frequently asked questions
When did Middlesex Water (MSEX) last report earnings?
Middlesex Water last reported on Jul 30, 2026, covering fiscal Q2 2026.
Did MSEX beat earnings estimates?
Yes. Middlesex Water reported EPS of $0.79 for Q2 2026 against a $0.66 estimate — a 20.30% beat.
How much revenue did MSEX report last quarter?
Middlesex Water reported $56.4M in revenue for Q2 2026, against a consensus estimate of $54.5M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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