Consolidated Water reports Q2 EPS 32c, two estimates 20c

Reports Q2 revenue $33.6M, two estimates $32.8M. “All four of our business segments performed well this past quarter with revenue growth of 6% in our retail segment and 33% in our manufacturing segment compared to the same period last year,” commented Consolidated Water (CWCO) CEO, Rick McTaggart. “Services segment revenue from recurring O&M contracts increased by 17%, which partially offset decreases in construction revenue and design and consulting revenue. While bulk segment revenue decreased slightly this past quarter due to lower fuel passthrough charges, bulk profitability increased in dollar terms and gross profit percentage due to lower costs of revenue. Our diversified water business model – spanning regulated utility operations, O&M services and manufacturing – continues to serve the company and its shareholders well, with our consolidated revenue increasing by 3% and our fully diluted earnings per share from continuing operations increasing 23% compared to the same period in 2024.”