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

Consolidated Water Co

16/05/2023 24:19

* Consolidated Water Co Ltd  CWCO.OQ  reported quarterly
adjusted
earnings of 24 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue rose 68.1% to $32.87 million from a year ago;
analysts
expected $28.25 million. 
    * Consolidated Water Co Ltd's reported EPS for the quarter
was 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 18.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Consolidated Water Co Ltd shares had risen by 7.3% this
quarter and gained 19.1% so far this year.
    * The company reported quarterly net income of $3.81
million.
    * Wall Street's median 12-month price target for
Consolidated
Water Co Ltd is $20.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
15 at 11:19 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.20           0.24           Beat
 Dec. 31 2022      0.17           0.10           Missed
 Sep. 30 2022      0.18           0.02           Missed
 Jun. 30 2022      0.16           0.15           Missed