Group 1: Stock Performance - Consolidated Water (CWCO) closed at $24.10, reflecting a -0.99% change from the previous session, underperforming compared to the S&P 500's gain of 1.67% [1] - The stock has increased by 0.37% over the past month, lagging behind the Utilities sector's gain of 1.72% and outperforming the S&P 500's loss of 6.57% [1] Group 2: Earnings Forecast - The upcoming earnings report is expected to show earnings of $0.22 per share, representing a year-over-year decline of 48.84% [2] - The Zacks Consensus Estimate for revenue is projected at $32.37 million, down 18.44% from the previous year [2] Group 3: Annual Estimates - For the entire year, earnings are forecasted at $0.88 per share and revenue at $130.03 million, indicating declines of -21.43% and -2.94% respectively compared to the previous year [3] Group 4: Analyst Estimates - Recent changes to analyst estimates for Consolidated Water reflect shifting business dynamics, with positive adjustments indicating a favorable outlook on the company's health and profitability [4] - A significant 26.74% decline in the Zacks Consensus EPS estimate has been noted over the past month [6] Group 5: Valuation Metrics - Consolidated Water has a Forward P/E ratio of 27.76, which is a premium compared to the industry's average Forward P/E of 23.35 [7] - The Utility - Water Supply industry holds a Zacks Industry Rank of 50, placing it in the top 21% of over 250 industries [7][8]
Consolidated Water (CWCO) Stock Sinks As Market Gains: Here's Why