Consolidated Water closed at $28.09, down 1.75% on the day, a steeper decline than the S&P 500's 0.76% loss. The desalination plant developer and operator has dropped 5.11% over the past month, trailing the Utilities sector's 4.18% decline and the S&P 500's 1.26% gain. For its upcoming earnings disclosure, the company's earnings per share are projected at $0.24, a 29.41% decrease from the same quarter last year, while revenue is expected to come in at $32.62 million, down 7.12% year over year. For the full year, the Zacks Consensus Estimates call for earnings of $0.95 per share and revenue of $128.36 million, changes of -18.1% and -2.81% respectively from last year. Over the past month the Zacks Consensus EPS estimate has shifted 1.04% downward, and Consolidated Water currently carries a Zacks Rank of #3 (Hold) and a Forward P/E of 30.09, a premium to its industry's average of 21.99.
Consolidated Water Co LtdAnalysts trimmed EPS estimates ahead of earnings, with projected EPS down 29.41% and revenue down 7.12% year over year.
