Consolidated Water (CWCO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks
2024-11-15

Consolidated Water (CWCO) reported $33.39 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 33%. EPS of $0.31 for the same period compares to $0.55 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $31.77 million, representing a surprise of +5.10%. The company delivered an EPS surprise of +19.23%, with the consensus EPS estimate being $0.26.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Consolidated Water performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenue- Manufacturing: $4.36 million compared to the $4.39 million average estimate based on two analysts. The reported number represents a change of -7.7% year over year.
  • Revenue- Services: $12.68 million compared to the $11.67 million average estimate based on two analysts. The reported number represents a change of -56.9% year over year.
  • Revenue- Retail: $7.59 million versus the two-analyst average estimate of $7.52 million. The reported number represents a year-over-year change of +5.1%.
  • Revenue- Bulk: $8.77 million versus the two-analyst average estimate of $8.59 million. The reported number represents a year-over-year change of +3.3%.
View all Key Company Metrics for Consolidated Water here>>>

Shares of Consolidated Water have returned -4.6% over the past month versus the Zacks S&P 500 composite's +3.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Consolidated Water Co. Ltd. (CWCO) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10