Consolidated Water (CWCO) Set to Announce Earnings on Monday

Consolidated Water (NASDAQ:CWCO) is scheduled to be posting its quarterly earnings results before the market opens on Monday, August 12th. Analysts expect Consolidated Water to post earnings of $0.17 per share for the quarter.

Consolidated Water (NASDAQ:CWCO) last released its quarterly earnings data on Monday, May 13th. The utilities provider reported $0.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.01. The firm had revenue of $16.99 million for the quarter, compared to analyst estimates of $16.00 million. Consolidated Water had a net margin of 22.59% and a return on equity of 5.82%. On average, analysts expect Consolidated Water to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NASDAQ:CWCO opened at $14.12 on Friday. The firm has a market capitalization of $209.38 million, a price-to-earnings ratio of 20.76, a P/E/G ratio of 2.64 and a beta of 0.63. Consolidated Water has a 1-year low of $10.76 and a 1-year high of $15.00. The business has a fifty day simple moving average of $14.17. The company has a debt-to-equity ratio of 0.02, a current ratio of 8.42 and a quick ratio of 7.94.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 1st were paid a $0.085 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.41%. Consolidated Water’s payout ratio is currently 50.00%.

A number of analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Consolidated Water from a “hold” rating to a “sell” rating and set a $15.00 price objective on the stock. in a research note on Thursday, June 6th. ValuEngine upgraded shares of Consolidated Water from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th.

About Consolidated Water

Consolidated Water Co Ltd., together with its subsidiaries, develops and operates seawater desalination plants and water distribution systems primarily in the Cayman Islands, the Bahamas, Indonesia, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.

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Earnings History for Consolidated Water (NASDAQ:CWCO)

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