Consolidated Water Co Ltd reports results for the quarter ended in December - Earnings Summary

Consolidated Water Co

27/03/2024 23:41

* Consolidated Water Co Ltd  CWCO.OQ  reported quarterly
adjusted
earnings of 63 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 10 cents.  The mean expectation of
two analysts for the quarter was for earnings of 44 cents per
share. Wall Street expected results to range from 39 cents to 49
cents per share.
    * Revenue rose 87.3% to $53.25 million from a year ago;
analysts
expected $45.25 million. 
    * Consolidated Water Co Ltd's reported EPS for the quarter
was 63
cents​.
    * The company reported quarterly net income of $9.85
million.
    * Consolidated Water Co Ltd shares had fallen by 16.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for
Consolidated
Water Co Ltd is $25.00 

This summary was machine generated from LSEG data March 27 at
11:41 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.44           0.63           Beat
 Sep. 30 2023      0.40           0.54           Beat
 Jun. 30 2023      0.22           0.46           Beat
 Mar. 31 2023      0.20           0.24           Beat