What To Expect From Consolidated Water Co Ltd (CWCO) Q3 2024 Earnings

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Nov 14, 2024
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Consolidated Water Co Ltd (CWCO, Financial) is set to release its Q3 2024 earnings on Nov 15, 2024. The consensus estimate for Q3 2024 revenue is $31.75 million, and the earnings are expected to come in at $0.25 per share. The full year 2024's revenue is expected to be $137.45 million and the earnings are expected to be $1.26 per share. More detailed estimate data can be found on the Forecast page.

Consolidated Water Co Ltd (CWCO, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Consolidated Water Co Ltd (CWCO) for the full year 2024 have declined from $144.35 million to $137.45 million, and for 2025, the estimates have decreased from $165.20 million to $151.30 million. During the same period, earnings estimates have shown an upward trend, increasing from $1.25 per share to $1.26 per share for the full year 2024, and from $1.46 per share to $1.47 per share for 2025.

Consolidated Water Co Ltd (CWCO, Financial) Reported History

In the previous quarter of June 30, 2024, Consolidated Water Co Ltd's (CWCO) actual revenue was $32.48 million, which missed analysts' revenue expectations of $37.30 million by -12.92%. Consolidated Water Co Ltd's (CWCO) actual earnings were $0.26 per share, which missed analysts' earnings expectations of $0.28 per share by -7.14%. After releasing the results, Consolidated Water Co Ltd (CWCO) was up by 1.09% in one day.

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Consolidated Water Co Ltd (CWCO, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for Consolidated Water Co Ltd (CWCO) is $38 with a high estimate of $38 and a low estimate of $38. The average target implies an upside of 51.33% from the current price of $25.11.

Based on GuruFocus estimates, the estimated GF Value for Consolidated Water Co Ltd (CWCO, Financial) in one year is $39.53, suggesting an upside of 57.43% from the current price of $25.11.

Based on the consensus recommendation from 2 brokerage firms, Consolidated Water Co Ltd's (CWCO, Financial) average brokerage recommendation is currently 1.5, indicating a "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.