Recap: Consolidated Water Co Q3 Earnings
Portfolio Pulse from Benzinga Insights
Consolidated Water Co (NASDAQ:CWCO) reported Q3 earnings, beating estimates by 37.5% with an EPS of $0.55. Revenue was up $24.80 million from the same period last year. Last quarter, the company also beat EPS estimates, which was followed by an 11.37% increase in the share price.
November 09, 2023 | 9:45 pm
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Consolidated Water Co's Q3 earnings beat estimates by 37.5%, with an EPS of $0.55. This follows a trend from last quarter, where beating EPS estimates led to an 11.37% increase in share price.
Consolidated Water Co has reported strong Q3 earnings, beating estimates significantly. This is likely to be viewed positively by the market, especially considering the company's past performance where a beat on EPS estimates led to a substantial increase in share price. Therefore, it's reasonable to expect a positive short-term impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100