CWCO Earnings Prediction
The chart below shows how CWCO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CWCO sees a -0.51% change in stock price 10 days leading up to the earnings, and a +7.09% change 10 days following the report. On the earnings day itself, the stock moves by -0.79%. This data can give you a slight idea of what to expect for the next quarter's release.
CWCO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
33.39M
-33.02%
2.81%
Gross Margin
34.84%
4.53%
-2.63%
Operating Margin
14.01%
-34.99%
-9.26%
Net Margin
15.32%
-15.17%
13.99%
EPS
0.28
-48.15%
-71.72%
No Data Available
CWCO Earnings Analysis
Consolidated Water Co Inc Corporation (CWCO.O) Earnings Conference Call
Positive
Quarterly Revenue Performance: Revenue for the third quarter totaled $33.4 million, reflecting a solid performance despite a 33% decrease from the same quarter last year.
Continuing Operations Profitability: Net income from continuing operations was $5 million, or $0.31 per diluted share, demonstrating profitability in challenging conditions.
Retail Water Sales Growth: Retail water sales increased due to a 4.2% rise in the volume of water sold, indicating strong customer demand and operational efficiency.
Bulk Segment Stability: The bulk segment experienced consistent revenue compared to last year, showcasing stability in this area of the business.
Gross Profit Margin Improvement: Gross profit for the quarter was $11.6 million, representing 34.8% of total revenue, which is an improvement from the previous year's gross profit margin.
Negative
Quarterly Revenue Decline: Revenue for the third quarter totaled $33.4 million, a 33% decrease from the same quarter of last year.
Construction Revenue Decline: This decrease is almost entirely due to a $20.6 million decrease in construction revenue.
Net Income Comparison: Net income from continuing operations was $5 million or $0.31 per diluted share, compared to net income of $8.8 million or $0.55 per diluted share for the third quarter of last year.
Discontinued Operations Loss: We reported a net loss in discontinued operations of $503,000 for the third quarter compared to a loss of $233,000 for the third quarter of 2023.
Manufacturing Revenue Decline: Our manufacturing segment revenue decreased by $362,000 to $4.4 million in the third quarter.
CWCO FAQs
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CWCO Earning Call Sentiment
Consolidated Water Co. Ltd. (CWCO) Q3 2024 Earnings Call Transcript
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CWCO.O
2.82%Positive
The earnings call presents a mixed picture: strong liquidity, low debt, and healthy working capital are positives. However, a 33% revenue decline and decreased net income are concerning. The Q&A session revealed some uncertainties, particularly regarding project timelines and backlog. While new projects and partnerships offer growth potential, the lack of guidance and competitive pressures in new markets temper optimism. The absence of a share buyback program and seasonal revenue impacts further contribute to a neutral outlook. Given these factors, the stock price is likely to remain stable over the next two weeks.
