Earnings Preview: Consolidated Water Co
Portfolio Pulse from Benzinga Insights
Consolidated Water Co (NASDAQ:CWCO) is scheduled to release its quarterly earnings report on March 27, 2024, with an expected EPS of $0.44. The company's past performance shows a consistent trend of beating EPS estimates, leading to significant share price increases the following day. Over the last year, CWCO shares have surged 92.43%, indicating strong investor confidence. The upcoming earnings report and guidance will be crucial for future stock performance.
March 26, 2024 | 3:00 pm
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Consolidated Water Co is expected to report an EPS of $0.44 for the upcoming quarter. Historical data shows positive stock movement following earnings beats. With shares up 92.43% over the last year, the upcoming report could further influence stock performance.
Given CWCO's history of exceeding EPS estimates and the subsequent positive stock price reactions, there's a strong likelihood of a similar outcome if the trend continues. The 92.43% YOY increase in share price reflects high investor confidence, which could be bolstered by another earnings beat and positive guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100