Consolidated Water Co Q4 EPS $0.67 Beats $0.44 Estimate, Sales $53.25M Beat $45.25M Estimate
Portfolio Pulse from dijoy@benzinga.com
Consolidated Water Co. (CWCO) reported Q4 earnings of $0.67 per share, surpassing the $0.44 estimate, marking a 318.75% increase from last year. Sales reached $53.25M, beating the $45.25M estimate, up 87.50% from the previous year.

March 27, 2024 | 10:04 pm
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Consolidated Water Co. (CWCO) reported a significant beat on both earnings and sales estimates for Q4, with earnings per share at $0.67 and sales at $53.25M.
The substantial beat on both earnings per share and sales estimates for CWCO indicates strong company performance and operational efficiency. This outperformance, especially the significant year-over-year growth in earnings and sales, is likely to positively influence investor sentiment and could lead to a short-term uptick in CWCO's stock price. The reported figures not only demonstrate the company's ability to exceed analyst expectations but also suggest a robust growth trajectory, which is typically rewarded by the market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100