Global Water Resources (GWRS) Scheduled to Post Earnings on Thursday

Global Water Resources (NASDAQ:GWRS) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Global Water Resources (NASDAQ:GWRS) last announced its quarterly earnings results on Wednesday, August 7th. The utilities provider reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.01). The firm had revenue of $13.51 million for the quarter, compared to analyst estimates of $13.60 million. Global Water Resources had a return on equity of 13.45% and a net margin of 11.91%. During the same quarter in the prior year, the company earned $0.07 earnings per share. On average, analysts expect Global Water Resources to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Global Water Resources Stock Performance

Shares of NASDAQ:GWRS opened at $12.77 on Wednesday. The firm has a market capitalization of $309.25 million, a PE ratio of 49.12, a P/E/G ratio of 3.06 and a beta of 0.96. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.86 and a quick ratio of 1.86. The business has a 50-day moving average of $12.59 and a two-hundred day moving average of $12.48. Global Water Resources has a 12 month low of $9.60 and a 12 month high of $13.42.

Global Water Resources Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a $0.025 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.35%. Global Water Resources’s dividend payout ratio (DPR) is currently 115.38%.

Global Water Resources Company Profile

Global Water Resources, Inc, a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water systems primarily in metropolitan Phoenix and Tucson, Arizona. It serves approximately 82,000 people in approximately 32,000 homes. The company was founded in 2003 and is based in Phoenix, Arizona.