Global Water Resources Q3 EPS $0.11 Beats $0.08 Estimate, Sales $14.53M Beat $13.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
Global Water Resources (NASDAQ:GWRS) reported Q3 earnings of $0.11 per share, beating the analyst consensus estimate of $0.08 by 37.5%. This is a 57.14% increase from the same period last year. The company also reported quarterly sales of $14.53 million, beating the analyst consensus estimate of $13.30 million by 9.26%. This is a 22.19% increase from the same period last year.
November 09, 2023 | 7:43 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Global Water Resources reported strong Q3 results, beating both earnings and sales estimates. This could lead to a positive market reaction.
The company reported a significant increase in both earnings per share and sales compared to the same period last year, and also beat analyst estimates. This is generally seen as a positive signal by the market and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100