Consolidated Water (CWCO) reported $33.39 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 33%. EPS of $0.31 for the same period compares to $0.55 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $31.77 million, representing a surprise of +5.10%. The company delivered an EPS surprise of +19.23%, with the consensus EPS estimate being $0.26.While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...

GEORGE TOWN, Cayman Islands, Nov. 14, 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 third quarter ended September 30, 2024. All comparisons are to the same prior year period unless otherwise noted. Consolidated Water will hold a conference call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below). Third Quarter 2024 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 0-25248 CONSOLIDATED WATER CO. LTD. (Exact name of registrant as specified in its chart ...

Analysts on Wall Street project that Consolidated Water (CWCO) will announce quarterly earnings of $0.26 per share in its forthcoming report, representing a decline of 52.7% year over year. Revenues are projected to reach $31.77 million, declining 36.3% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company announ ...

GEORGE TOWN, Cayman Islands, Nov. 05, 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, will hold a conference call on Friday, November 15, 2024 at 11:00 a.m. Eastern time to discuss its results for the third quarter ended September 30, 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 qu ...

Core Viewpoint - Consolidated Water (CWCO) is facing significant declines in earnings and revenue, with upcoming earnings expected to show a substantial drop compared to the previous year [2][3]. Company Performance - CWCO's stock closed at $24.65, reflecting a gain of 0.86% from the previous trading session, outperforming the S&P 500's gain of 0.27% [1]. - The stock has decreased by 2.9% over the past month, underperforming the Utilities sector's loss of 2.82% and the S&P 500's gain of 2% [1]. Earnings Estimates - Analysts anticipate an EPS of $0.26 for the upcoming earnings report, indicating a 52.73% decline year-over-year [2]. - Revenue is projected at $31.77 million, representing a 36.27% decrease from the same quarter last year [2]. Fiscal Year Projections - For the entire fiscal year, earnings are estimated at $1.25 per share, down 35.23% from the prior year, with revenue expected to be $137.5 million, reflecting a 23.7% decline [3]. Analyst Estimates - Recent changes in analyst estimates for CWCO are crucial as they reflect the shifting dynamics of the company's business patterns [4]. - Positive adjustments in estimates suggest a favorable outlook on the company's health and profitability [4]. Zacks Rank and Valuation - CWCO currently holds a Zacks Rank of 4 (Sell), indicating a less favorable investment outlook [6]. - The company is trading at a Forward P/E ratio of 19.5, which is lower than the industry average of 20.55 [7]. - CWCO's PEG ratio stands at 2.44, compared to the industry average PEG ratio of 3.16 [7]. Industry Context - The Utility - Water Supply industry, to which CWCO belongs, ranks in the top 35% of all industries according to the Zacks Industry Rank [8]. - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [8].

Core Viewpoint - Consolidated Water Co. Ltd. (CWCO) is leveraging advanced technology for seawater conversion to potable water, enhancing its operational performance through acquisitions and organic growth [1][2]. Group 1: Company Operations and Technology - CWCO utilizes Reverse Osmosis Technology at all its water treatment plants, which is crucial for converting seawater to drinking water [2]. - The company operates 10 water production plants with a total capacity of 24.9 million gallons per day across four countries, and is actively seeking new market opportunities for drinking water and wastewater services [4]. Group 2: Expansion Strategies - CWCO aims to expand into complementary service industries, targeting businesses that operate advanced water-treatment plants under medium to long-term contracts with government entities [3]. - The company is pursuing growth opportunities through joint ventures, strategic alliances, and acquisitions [3]. Group 3: Financial Challenges - CWCO's Bahamas subsidiary faces significant delays in collecting accounts receivable, with $25.4 million owed as of June 30, 2024, of which nearly 79% is delinquent, impacting liquidity [5]. - Demand for water services is subject to fluctuations due to weather conditions and tourism levels, which can adversely affect operational results and cash flows [6]. Group 4: Stock Performance - Over the past three months, CWCO's stock has returned 1.9%, underperforming compared to the industry's growth of 12.9% [7]. - Since June 25, 2024, CWCO's stock growth has been significantly lower than the Utility-Water Supply Market [8].

Consolidated Water (CWCO) ended the recent trading session at $25.63, demonstrating a -0.12% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 0.15%, while the tech-heavy Nasdaq added 0.15%. The the stock of developer and operator of desalination plants has fallen by 4.82% in the past month, lagging the Utilities sector's gain of 4.83% and the S&P 500's gain of 2%. Market participants will be closely following the financial results ...

GEORGE TOWN, Cayman Islands, Sept. 09, 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, has been invited to attend the Janney Water Utilities Conference being held virtually on September 19, 2024. Consolidated Water's CEO, Rick McTaggart, and its CFO, David Sasnett, are scheduled to meet with institutional analysts and investors in one-on-one virtual meetings on Thursday, Septembe ...

GEORGE TOWN, Cayman Islands, Aug. 27, 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, has increased its quarterly cash dividend and declared a dividend of $0.11 per share for the fourth quarter of 2024. This fourth quarter dividend represents an increase of 15.8% from the third quarter 2024 dividend of $0.095 per share. The cash dividend is payable on October 31, 2024 to sharehol ...