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Stay Ahead of the Game With Consolidated Water (CWCO) Q2 Earnings: Wall Street's Insights on Key Metrics
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The upcoming report from Consolidated Water (CWCO - Free Report) is expected to reveal quarterly earnings of $0.20 per share, indicating a decline of 23.1% compared to the year-ago period. Analysts forecast revenues of $32.69 million, representing an increase of 0.6% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain Consolidated Water metrics that are commonly tracked and forecasted by Wall Street analysts.
The consensus among analysts is that 'Revenue- Manufacturing' will reach $4.23 million. The estimate points to a change of +7.6% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenue- Services' of $10.39 million. The estimate suggests a change of -12.9% year over year.
Based on the collective assessment of analysts, 'Revenue- Retail' should arrive at $9.40 million. The estimate points to a change of +14.8% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenue- Bulk' will likely reach $8.53 million. The estimate suggests a change of +0.9% year over year.
Over the past month, shares of Consolidated Water have returned -3.8% versus the Zacks S&P 500 composite's +0.5% change. Currently, CWCO carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Stay Ahead of the Game With Consolidated Water (CWCO) Q2 Earnings: Wall Street's Insights on Key Metrics
The upcoming report from Consolidated Water (CWCO - Free Report) is expected to reveal quarterly earnings of $0.20 per share, indicating a decline of 23.1% compared to the year-ago period. Analysts forecast revenues of $32.69 million, representing an increase of 0.6% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain Consolidated Water metrics that are commonly tracked and forecasted by Wall Street analysts.
The consensus among analysts is that 'Revenue- Manufacturing' will reach $4.23 million. The estimate points to a change of +7.6% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenue- Services' of $10.39 million. The estimate suggests a change of -12.9% year over year.
Based on the collective assessment of analysts, 'Revenue- Retail' should arrive at $9.40 million. The estimate points to a change of +14.8% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenue- Bulk' will likely reach $8.53 million. The estimate suggests a change of +0.9% year over year.
View all Key Company Metrics for Consolidated Water here>>>Over the past month, shares of Consolidated Water have returned -3.8% versus the Zacks S&P 500 composite's +0.5% change. Currently, CWCO carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .