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Consolidated Water (CWCO) Q3 Earnings: How Key Metrics Examine to Wall Road Estimates

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Consolidated Water (CWCO) reported $33.39 million in income for the quarter ended September 2024, representing a year-over-year decline of 33%. EPS of $0.31 for a similar interval compares to $0.55 a yr in the past.

The reported income compares to the Zacks Consensus Estimate of $31.77 million, representing a shock of +5.10%. The corporate delivered an EPS shock of +19.23%, with the consensus EPS estimate being $0.26.

Whereas traders scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.

Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s value efficiency.

Right here is how Consolidated Water carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:

  • Income- Manufacturing: $4.36 million in comparison with the $4.39 million common estimate based mostly on two analysts. The reported quantity represents a change of -7.7% yr over yr.
  • Income- Providers: $12.68 million in comparison with the $11.67 million common estimate based mostly on two analysts. The reported quantity represents a change of -56.9% yr over yr.
  • Income- Retail: $7.59 million versus the two-analyst common estimate of $7.52 million. The reported quantity represents a year-over-year change of +5.1%.
  • Income- Bulk: $8.77 million versus the two-analyst common estimate of $8.59 million. The reported quantity represents a year-over-year change of +3.3%.

View all Key Company Metrics for Consolidated Water here>>>

Shares of Consolidated Water have returned -4.6% over the previous month versus the Zacks S&P 500 composite’s +3.1% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.

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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.

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