GWRS Earnings

GWRS reported its FY2024Q2 earnings on 2024-08-07, showcasing a revenue of 13.51M against an estimate of 13.60M, resulting in a -0.66% surprise. The EPS was 0, surpassing the expected 0.08 by 0%. The stock experienced a 2.09% price change on the earnings day and a -2.09% change over the next five days, reflecting market reactions to the results.

Following GWRS's FY2024Q2 earnings announcement on 2024-08-07, the stock price moved by 2.09% on the day of the release. Over the subsequent five days, it saw a -2.09% change. Historically, GWRS's stock price tends to shift by an average of 2.92% in the 10 days leading up to earnings and -0.2% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate GWRS's annual revenue to reach 13.34M, while the EPS is projected at 0.02. 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 GWRS'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, GWRS's stock price typically moves by 2.92% in the 10 days before its earnings and -0.2% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 0.02 and revenue of 13.34M.

The earnings call presents a mixed picture: while revenue increased, net income and adjusted EBITDA declined due to rising expenses and asset write-offs. Regulatory delays and increased operational costs add to the uncertainty. The Q&A session revealed management's lack of clarity on key issues like rate case acceleration and AI expansion, indicating potential risks. The negative sentiment is compounded by the economic slowdown in building permits and the impact of Nikola's bankruptcy. Despite some positive elements, the overall outlook is negative, predicting a stock price decline of -2% to -8%.