Wall Street analysts expect that Consolidated Water Co. Ltd. (NASDAQ:CWCO – Get Rating) will announce $0.13 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Consolidated Water’s earnings, with the highest EPS estimate coming in at $0.15 and the lowest estimate coming in at $0.10. Consolidated Water posted earnings of $0.08 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 62.5%. The firm is scheduled to report its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that Consolidated Water will report full-year earnings of $0.53 per share for the current financial year, with EPS estimates ranging from $0.48 to $0.57. For the next fiscal year, analysts expect that the company will post earnings of $0.74 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Consolidated Water.
Several brokerages have recently commented on CWCO. StockNews.com upgraded shares of Consolidated Water from a “hold” rating to a “buy” rating in a research report on Friday, April 8th. Roth Capital restated a “buy” rating on shares of Consolidated Water in a research report on Thursday, March 31st.
Shares of CWCO stock traded up $0.64 on Friday, hitting $11.43. 52,370 shares of the stock traded hands, compared to its average volume of 35,341. Consolidated Water has a 52 week low of $9.01 and a 52 week high of $13.20. The firm has a 50 day simple moving average of $10.84 and a two-hundred day simple moving average of $10.64.
The business also recently declared a quarterly dividend, which was paid on Friday, April 29th. Shareholders of record on Friday, April 1st were issued a $0.085 dividend. The ex-dividend date of this dividend was Thursday, March 31st. This represents a $0.34 dividend on an annualized basis and a yield of 2.97%.
About Consolidated Water (Get Rating)
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.
- Get a free copy of the StockNews.com research report on Consolidated Water (CWCO)
- The Three Most Upgraded Stocks You Can Buy Now
- MarketBeat: Week in Review 5/9 – 5/13
- Is Electronic Arts (NASDAQ: EA) Suddenly A Safe Haven?
- Beyond Meat Stock Value is Improving
- The Travel Sector Is Getting Upgraded
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Consolidated Water Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consolidated Water and related companies with MarketBeat.com's FREE daily email newsletter.