Consolidated Water Q3 revenue beats estimates, helped by services segment growth

Consolidated Water Co

10/11/2025 21:19

Overview

Consolidated Water Q3 revenue rose 5% to $35.1 mln, beating analyst expectations

Net income from continuing operations rose to $5.6 mln, with EPS at $0.34

Services revenue increased 13% due to higher construction revenue

Outlook

Company expects Hawaii desalination project to boost revenue in 2026 and 2027

Consolidated Water anticipates revenue from California project primarily in 2026

Company's strong balance sheet supports future growth initiatives

Result Drivers

RETAIL WATER SALES - Increased 6% due to less rainfall and more customer connections on Grand Cayman

CONSTRUCTION REVENUE - Services segment revenue rose 13% due to a $2.1 mln increase in construction revenue

MANUFACTURING GROWTH - Revenue increased 7% with higher margins from nuclear and municipal water products

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$35.1 mln
$32.9 mln (2 Analysts)
Q3 Net Income from Cont Ops
$5.6 mln


Analyst Coverage

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"

The average consensus recommendation for the water & related utilities peer group is "buy."

Wall Street's median 12-month price target for Consolidated Water Co Ltd is $39.50, about 11.9% above its November 7 closing price of $34.81

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nGNX10qMbp

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)