Latest news with #ConsolidatedWater
Associated Press
02-06-2025
- Business
- Associated Press
Consolidated Water Increases Dividend and Declares Third Quarter Cash Dividend of $0.14 per Share
GEORGE TOWN, Cayman Islands, June 02, 2025 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, has increased its quarterly cash dividend and declared a dividend of $0.14 per share for the third quarter of 2025. This third quarter dividend of $0.14 per share represents an increase of 27.3% from the second quarter 2025 dividend of $0.11 per share. The cash dividend is payable on July 31, 2025 to shareholders of record at the close of business on July 1, 2025. 'Our continued positive and consistent financial performance in our retail, bulk and manufacturing segments has resulted in increased cash flows and liquidity for our company,' stated Consolidated Water president and CEO, Rick McTaggart. 'These results, along with the cash from our settlement of the Mexico arbitration last year and our positive outlook for our services segment, has led to the decision by our board of directors to increase our quarterly dividend for our stockholders.' The company recently reported revenue of $33.7 million and earnings per share of $0.30 in the first quarter of 2025. About Consolidated Water Co. Ltd. Consolidated Water Co. Ltd. develops and operates advanced water supply and treatment plants and water distribution systems. The company designs, constructs and operates seawater desalination facilities in the Cayman Islands, The Bahamas and the British Virgin Islands, and designs, constructs and operates water treatment and reuse facilities in the United States. The company has underway a $204 million design-build-operate project for a seawater desalination plant in Hawaii. The company also manufactures and services a wide range of products and provides design, engineering, management, operating and other services applicable to commercial and municipal water production, supply and treatment, and industrial water and wastewater treatment. For more information, visit Company Contact: David W. Sasnett Executive Vice President and CFO Tel (954) 509-8200 Ron Both or Grant Stude Encore Investor & Media Relations Tel (949) 432-7557 Email contact
Yahoo
02-06-2025
- Business
- Yahoo
Consolidated Water Increases Dividend and Declares Third Quarter Cash Dividend of $0.14 per Share
GEORGE TOWN, Cayman Islands, June 02, 2025 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, has increased its quarterly cash dividend and declared a dividend of $0.14 per share for the third quarter of 2025. This third quarter dividend of $0.14 per share represents an increase of 27.3% from the second quarter 2025 dividend of $0.11 per share. The cash dividend is payable on July 31, 2025 to shareholders of record at the close of business on July 1, 2025. 'Our continued positive and consistent financial performance in our retail, bulk and manufacturing segments has resulted in increased cash flows and liquidity for our company,' stated Consolidated Water president and CEO, Rick McTaggart. 'These results, along with the cash from our settlement of the Mexico arbitration last year and our positive outlook for our services segment, has led to the decision by our board of directors to increase our quarterly dividend for our stockholders.' The company recently reported revenue of $33.7 million and earnings per share of $0.30 in the first quarter of 2025. About Consolidated Water Co. Water Co. Ltd. develops and operates advanced water supply and treatment plants and water distribution systems. The company designs, constructs and operates seawater desalination facilities in the Cayman Islands, The Bahamas and the British Virgin Islands, and designs, constructs and operates water treatment and reuse facilities in the United States. The company has underway a $204 million design-build-operate project for a seawater desalination plant in Hawaii. The company also manufactures and services a wide range of products and provides design, engineering, management, operating and other services applicable to commercial and municipal water production, supply and treatment, and industrial water and wastewater treatment. For more information, visit Company Contact:David W. SasnettExecutive Vice President and CFOTel (954) 509-8200Email ContactInvestor & Media Relations Contact:Ron Both or Grant StudeEncore Investor & Media RelationsTel (949) 432-7557Email contactError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Consolidated Water (CWCO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2025, Consolidated Water (CWCO) reported revenue of $33.72 million, down 15.1% over the same period last year. EPS came in at $0.31, compared to $0.43 in the year-ago quarter. The reported revenue represents a surprise of +4.16% over the Zacks Consensus Estimate of $32.37 million. With the consensus EPS estimate being $0.22, the EPS surprise was +40.91%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Consolidated Water performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Manufacturing: $5.81 million compared to the $4.78 million average estimate based on two analysts. The reported number represents a change of +9.6% year over year. Revenue- Services: $10.08 million versus the two-analyst average estimate of $10.30 million. The reported number represents a year-over-year change of -42.1%. Revenue- Retail: $9.41 million versus $8.57 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +9.1% change. Revenue- Bulk: $8.41 million versus the two-analyst average estimate of $8.42 million. The reported number represents a year-over-year change of +0.8%. View all Key Company Metrics for Consolidated Water here>>>Shares of Consolidated Water have returned -2.2% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Consolidated Water Co. Ltd. (CWCO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
12-05-2025
- Business
- Washington Post
Consolidated Water: Q1 Earnings Snapshot
GRAND CAYMAN, Cayman Islands — GRAND CAYMAN, Cayman Islands — Consolidated Water Co. (CWCO) on Monday reported first-quarter net income of $4.8 million. On a per-share basis, the Grand Cayman, Cayman Islands-based company said it had net income of 30 cents. Earnings, adjusted to account for discontinued operations, were 31 cents per share. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. The developer and operator of desalination plants posted revenue of $33.7 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $32.4 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CWCO at
Yahoo
07-03-2025
- Business
- Yahoo
We Like These Underlying Return On Capital Trends At Consolidated Water (NASDAQ:CWCO)
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. With that in mind, we've noticed some promising trends at Consolidated Water (NASDAQ:CWCO) so let's look a bit deeper. Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Consolidated Water, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.14 = US$30m ÷ (US$238m - US$20m) (Based on the trailing twelve months to September 2024). Thus, Consolidated Water has an ROCE of 14%. On its own, that's a standard return, however it's much better than the 5.0% generated by the Water Utilities industry. Check out our latest analysis for Consolidated Water Above you can see how the current ROCE for Consolidated Water compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Consolidated Water for free. Investors would be pleased with what's happening at Consolidated Water. The numbers show that in the last five years, the returns generated on capital employed have grown considerably to 14%. Basically the business is earning more per dollar of capital invested and in addition to that, 23% more capital is being employed now too. So we're very much inspired by what we're seeing at Consolidated Water thanks to its ability to profitably reinvest capital. In summary, it's great to see that Consolidated Water can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. Since the stock has returned a solid 98% to shareholders over the last five years, it's fair to say investors are beginning to recognize these changes. In light of that, we think it's worth looking further into this stock because if Consolidated Water can keep these trends up, it could have a bright future ahead. Like most companies, Consolidated Water does come with some risks, and we've found 1 warning sign that you should be aware of. While Consolidated Water isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
