Consolidated Water Co Q3 EPS $0.55 Beats $0.40 Estimate, Sales $49.85M Beat $37.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Consolidated Water Co (NASDAQ:CWCO) reported Q3 earnings of $0.55 per share, beating the analyst consensus estimate of $0.40 by 37.5%. This is a 1000% increase from the same period last year. The company also reported quarterly sales of $49.85 million, beating the analyst consensus estimate of $37.70 million by 32.24%. This is a 99.00% increase from the same period last year.
November 09, 2023 | 11:54 pm
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POSITIVE IMPACT
Consolidated Water Co reported strong Q3 earnings and sales, significantly beating estimates. This could lead to a positive short-term impact on the stock.
Consolidated Water Co reported a significant increase in Q3 earnings and sales, beating analyst estimates. This positive financial performance could increase investor confidence and demand for the stock, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100