Consolidated Water Q3 Earnings and Revenues Beat Estimates
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Consolidated Water (CWCO) reported its third-quarter 2024 earnings and revenues, which surpassed estimates despite a year-over-year decrease. The company also experienced an increase in general and administrative expenses.
November 15, 2024 | 2:00 pm
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NEUTRAL IMPACT
Consolidated Water's Q3 2024 earnings and revenues exceeded estimates, but both metrics decreased compared to the previous year. Additionally, the company faced higher general and administrative expenses.
While CWCO's earnings and revenues beat estimates, the year-over-year decline and increased expenses may concern investors. The positive surprise might be offset by the negative trends, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100