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Consolidated Water Comments on ISS and Glass Lewis Reports and Urges Stockholders to Vote “FOR” Re-Election of Its Highly Qualified Directors
globenewswire.com· 2024-05-20 17:04
Linda Beidler-D'Aguilar The ISS and Glass Lewis recommendations against the re-election of Ms. Beidler-D'Aguilar are due to her attendance at less than 75% of the aggregate number of (a) the total number of meetings of the Board and (b) the total number of meetings of all committees of the Board on which she served (collectively, the "Aggregate Meetings") held during 2023. Despite not meeting the 75% threshold, Ms. Beidler-D'Aguilar attended 69% of the Aggregate Meetings. Importantly, one of the meetings th ...
Consolidated Water(CWCO) - 2024 Q1 - Earnings Call Transcript
2024-05-16 21:59
Yes. The fixed development fee is a bit of a misnomer in the contract. It implies the amount that we'll get paid for the development period. What that fee actually represents is the amount of cost that's to be incurred, that the Some of these projects are being pursued through competitive public bidding and others using our proprietary customized design report or CDR sales tool. We believe our highly efficient and aesthetically pleasing treatment plant designs, world class operating and maintenance capabili ...
Consolidated Water(CWCO) - 2024 Q1 - Quarterly Results
2024-05-16 14:41
Exhibit 99.1 Consolidated Water Reports First Quarter 2024 Revenue up 21% to $39.7 Million, Driving Net Income from Continuing Operations of $6.9 Million or $0.43 Diluted EPS GEORGE TOWN, Grand Cayman, Cayman Islands, May 15, 2024 -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, reported results for the first quarter ended March 31, 2024. All comparisons are to the same prior year period unless otherwi ...
Consolidated Water (CWCO) Q1 Earnings & Sales Beat Estimates
zacks.com· 2024-05-16 12:50
Consolidated Water Co. Ltd. (CWCO) delivered first-quarter 2024 earnings per share (EPS) of 43 cents per share, which surpassed the Zacks Consensus Estimate of 39 cents by 10.3%. The bottom line also increased 65.4% from last year's 26 cents per share. Total Revenues The company's total revenues for the quarter were $39.7 million, which surpassed the Zacks Consensus Estimate of $38.7 million by 2.7%. The top line also improved 20.7% from the year-ago quarter's figure of $32.9 million. Segment Details Retail ...
Consolidated Water Reports First Quarter 2024 Revenue up 21% to $39.7 Million, Driving Net Income from Continuing Operations of $6.9 Million or $0.43 Diluted EPS
Newsfilter· 2024-05-15 20:10
GEORGE TOWN, Cayman Islands, May 15, 2024 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, reported results for the first quarter ended March 31, 2024. All comparisons are to the same prior year period unless otherwise noted. The company will hold a conference call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below). "Our 37% growth in services se ...
Consolidated Water(CWCO) - 2024 Q1 - Quarterly Report
2024-05-15 20:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q CONSOLIDATED WATER CO. LTD. Regatta Office Park Windward Three, 4th Floor, West Bay Road P.O. Box 1114 Grand Cayman KY1-1102 Cayman Islands N/A Table of Contents TABLE OF CONTENTS Note Regarding Currency and Exchange Rates The exchange rate for conversion of Bahamas dollars (B$) into US$, as determined by the Central Bank of The Bahamas, has been fixed since 1973 at US$1.00 per B$1.00. 3 PART I - FINANCIAL INFORMATION | --- | --- | --- | --- | |---- ...
Should You Buy Consolidated Water (CWCO) Ahead of Earnings?
Zacks Investment Research· 2024-05-14 13:51
Investors are always looking for stocks that are poised to beat at earnings season and Consolidated Water Co. Ltd. (CWCO) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Consolidated Water is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible ...
What's in Store for Consolidated Water (CWCO) in Q1 Earnings?
Zacks Investment Research· 2024-05-13 14:30
Consolidated Water Co. Ltd. (CWCO) is scheduled to release first-quarter 2024 results on May 15 after market close.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderConsolidated Water’s diversified revenue stream is expected to have a positive impact on the overall results.During the fourth quarter of 2023, Consolidated Water’s wholly owned subsidiary, PERC Water Corporation (“PERC”), acquired a 100% ownership interest in Ramey Environmental Compl ...
These 2 Utilities Stocks Could Beat Earnings: Why They Should Be on Your Radar
Zacks Investment Research· 2024-05-06 13:51
Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.The earnings figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb and vice versa.The ability to identify stocks that are likely to ...
Consolidated Water Sets First Quarter 2024 Investor Conference Call for Thursday, May 16, 2024 at 11:00 a.m. ET
Newsfilter· 2024-05-02 12:31
GEORGE TOWN, Cayman Islands, May 02, 2024 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, will hold a conference call on Thursday, May 16, 2024 at 11:00 a.m. Eastern time to discuss its results for the first quarter ended March 31, 2024. The financial results will be issued in a press release prior to the call. Consolidated Water management will host the call, followed by a question and answe ...