Global Water Resources (GWRS) Set to Announce Quarterly Earnings on Thursday

Posted by Defense World Staff on Nov 6th, 2024

Global Water Resources (NASDAQ:GWRS – Get Free Report) is scheduled to be releasing its earnings data before the market opens on Thursday, November 7th. Analysts expect Global Water Resources to post earnings of $0.11 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Global Water Resources (NASDAQ:GWRS – Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The utilities provider reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). Global Water Resources had a return on equity of 13.45% and a net margin of 11.91%. The company had revenue of $13.51 million during the quarter, compared to analyst estimates of $13.60 million. During the same period last year, the firm 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

NASDAQ GWRS opened at $12.77 on Wednesday. Global Water Resources has a fifty-two week low of $9.60 and a fifty-two week high of $13.42. The stock has a market cap of $309.25 million, a price-to-earnings ratio of 49.12, a price-to-earnings-growth ratio of 3.06 and a beta of 0.96. The business has a fifty day moving average of $12.59 and a 200-day moving average of $12.48. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 2.53.

Global Water Resources Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be issued 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 115.38%.

About Global Water Resources

(Get Free Report)

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.