Consolidated Water Co Q1 2024 GAAP EPS From Continuing Operations $0.43 Beats $0.33 Estimate, Sales $39.689M Beat $38.200M Estimate
Portfolio Pulse from Benzinga Newsdesk
Consolidated Water Co (NASDAQ:CWCO) reported Q1 2024 earnings per share (EPS) of $0.43, beating the analyst estimate of $0.33 by 30.3%. Sales were $39.689 million, surpassing the $38.200 million estimate. Both EPS and sales showed significant year-over-year growth.
May 15, 2024 | 8:07 pm
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Consolidated Water Co (NASDAQ:CWCO) reported strong Q1 2024 results with EPS of $0.43 beating estimates by 30.3% and sales of $39.689 million surpassing estimates by 3.90%. Both metrics showed significant year-over-year growth.
The company's strong performance in Q1 2024, with EPS and sales significantly beating estimates and showing substantial year-over-year growth, is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100