Consolidated Water (CWCO) Scheduled to Post Earnings on Thursday

Consolidated Water (NASDAQ:CWCO) will be announcing its earnings results after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Consolidated Water (NASDAQ:CWCO) last posted its earnings results on Wednesday, August 14th. The utilities provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.08). Consolidated Water had a net margin of 23.26% and a return on equity of 15.49%. The company had revenue of $32.48 million for the quarter, compared to the consensus estimate of $37.12 million. On average, analysts expect Consolidated Water to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Consolidated Water Stock Up 5.1 %

Shares of CWCO stock opened at $25.84 on Thursday. The company has a 50 day moving average price of $25.36 and a 200-day moving average price of $26.28. Consolidated Water has a 52 week low of $23.55 and a 52 week high of $38.29. The firm has a market capitalization of $409.05 million, a PE ratio of 17.58, a P/E/G ratio of 2.36 and a beta of 0.16.

Consolidated Water Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 1st were given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date was Tuesday, October 1st. This is an increase from Consolidated Water’s previous quarterly dividend of $0.10. Consolidated Water’s payout ratio is 29.93%.

Consolidated Water Company Profile

Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.