Consolidated Water (NASDAQ:CWCO) will be posting its quarterly earnings results after the market closes on Thursday, November 8th. Analysts expect Consolidated Water to post earnings of $0.15 per share for the quarter.
Consolidated Water (NASDAQ:CWCO) last issued its quarterly earnings data on Monday, August 13th. The utilities provider reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.01). Consolidated Water had a net margin of 11.46% and a return on equity of 5.38%. The business had revenue of $15.87 million during the quarter, compared to analyst estimates of $15.70 million. On average, analysts expect Consolidated Water to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of CWCO opened at $12.19 on Friday. Consolidated Water has a 52-week low of $11.20 and a 52-week high of $15.35. The company has a market capitalization of $184.00 million, a P/E ratio of 24.88, a price-to-earnings-growth ratio of 2.44 and a beta of 0.75.
The company also recently declared a quarterly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Monday, October 1st were given a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend was Friday, September 28th. Consolidated Water’s dividend payout ratio (DPR) is currently 69.39%.
In other Consolidated Water news, Director Raymond Whittaker sold 17,011 shares of the company’s stock in a transaction that occurred on Friday, September 7th. The stock was sold at an average price of $14.20, for a total transaction of $241,556.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.53% of the company’s stock.
A number of equities analysts have weighed in on the company. ValuEngine downgraded Consolidated Water from a “buy” rating to a “hold” rating in a research report on Friday, August 3rd. Zacks Investment Research downgraded Consolidated Water from a “buy” rating to a “hold” rating in a research report on Monday, August 27th.
Consolidated Water Company Profile
Consolidated Water Co Ltd., together with its subsidiaries, develops and operates seawater desalination plants and water distribution systems in the Cayman Islands, The Bahamas, Belize, the British Virgin Islands, Mexico, the United States, and Indonesia. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.
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