Consolidated Water (CWCO) Scheduled to Post Quarterly Earnings on Thursday

Consolidated Water (NASDAQ:CWCO) will release its earnings data after the market closes on Thursday, November 14th. Analysts expect Consolidated Water to post earnings of $0.26 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Consolidated Water (NASDAQ:CWCO) last announced its earnings results on Wednesday, August 14th. The utilities provider reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.08). The business had revenue of $32.48 million for the quarter, compared to analysts’ expectations of $37.12 million. Consolidated Water had a net margin of 23.26% and a return on equity of 15.49%. On average, analysts expect Consolidated Water to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Consolidated Water Price Performance

Shares of Consolidated Water stock opened at $25.84 on Thursday. Consolidated Water has a 1-year low of $23.55 and a 1-year high of $38.29. The company’s fifty day simple moving average is $25.36 and its 200-day simple moving average is $26.28. The stock has a market capitalization of $409.05 million, a PE ratio of 17.58, a P/E/G ratio of 2.36 and a beta of 0.16.

Consolidated Water Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 1st were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This is an increase from Consolidated Water’s previous quarterly dividend of $0.10. This represents a $0.44 annualized dividend and a yield of 1.70%. Consolidated Water’s payout ratio is 29.93%.

Consolidated Water Company Profile

Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.