Consolidated Water Co (NASDAQ:CWCO) is gearing up to announce its quarterly earnings on Thursday, 2024-11-14. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Consolidated Water Co will report an earnings per share (EPS) of $0.25.
The market awaits Consolidated Water Co's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Performance in Previous Earnings
During the last quarter, the company reported an EPS missed by $0.08, leading to a 1.09% increase in the share price on the subsequent day.
Here's a look at Consolidated Water Co's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.34 | 0.38 | 0.44 | 0.40 |
| EPS Actual | 0.26 | 0.43 | 0.67 | 0.55 |
| Price Change % | 1.0% | -3.0% | -3.0% | 11.0% |
Market Performance of Consolidated Water Co's Stock
Shares of Consolidated Water Co were trading at $25.28 as of November 11. Over the last 52-week period, shares are down 25.03%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Consolidated Water Co visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
