CWCO Earnings

CWCO reported its FY2024Q2 earnings on 2024-08-14, showcasing a revenue of 32.48M against an estimate of 37.30M, resulting in a -12.92% surprise. The EPS was 0.26, surpassing the expected 0.34 by -23.53%. The stock experienced a 1.09% price change on the earnings day and a 2.78% change over the next five days, reflecting market reactions to the results.

Following CWCO's FY2024Q2 earnings announcement on 2024-08-14, the stock price moved by 1.09% on the day of the release. Over the subsequent five days, it saw a 2.78% change. Historically, CWCO's stock price tends to shift by an average of -0.14% in the 10 days leading up to earnings and 6.16% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate CWCO's annual revenue to reach 55.00M, while the EPS is projected at 0.23. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between CWCO's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, CWCO's stock price typically moves by -0.14% in the 10 days before its earnings and 6.16% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 0.23 and revenue of 55.00M.

The earnings call presents a generally positive outlook. Despite some revenue decreases in the Services and Bulk segments, the Retail and Manufacturing segments showed growth, and gross profit increased. The company has a strong cash position and working capital, and significant growth opportunities exist in Florida and Arizona. The Q&A revealed some uncertainties, like permit acquisition timelines, but overall sentiment remains positive due to growth prospects and increased O&M revenue. The optimistic guidance and project pipeline suggest a positive stock price movement in the near term.