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Artesian Resources posts 4Q profit

NEWARK, Del. (AP) _ Artesian Resources Corp. (ARTNA) on Wednesday reported fourth-quarter earnings of $2.7 million.

The Newark, Delaware-based company said it had profit of 30 cents per share.

The water resource management company posted revenue of $19.4 million in the period.

For the year, the company reported profit of $13 million, or $1.41 per share. Revenue was reported as $79.1 million.

Artesian Resources shares have increased nearly 1 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $32.14, an increase of 19 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARTNA at https://www.zacks.com/ap/ARTNA

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Keywords: Artesian Resources, Earnings Report

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