Consolidated Water (CWCO)
NASDAQ:CWCO
Earnings Data
Report Date
May 18, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.26Last Year’s EPS
0.31Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a largely constructive financial and operational position: strong liquidity, record retail volumes in 2025, manufacturing capacity expansion, recurring O&M growth, and awarded projects that should support near-term revenue. However, notable near-term headwinds include a material Services construction revenue decline driven by completed projects and a permitting delay in Hawaii that deferred expected revenue, a drop in net income attributable when including discontinued operations, margin-percentage pressure, and some receivable uncertainty in the Bahamas. On balance, the positives (cash strength, operational wins, recurring revenue growth and project awards) outweigh the temporary challenges tied to timing and project permitting.Company Guidance
Solid Liquidity and Balance Sheet Strength
Cash and cash equivalents of $123.8M as of 12/31/2025; working capital $141.9M and stockholders' equity $221.7M. Cash increased by $24.4M and working capital increased by $9.1M year-over-year. No significant outstanding debt.
Retail Revenue and Volume Record
Retail revenue increased 6.6% to $33.6M driven by an 8.3% increase in water volume sold to a record 1.09 billion gallons and ~7% increase in customer accounts in the Grand Cayman license area.
Manufacturing Revenue Growth and Capacity Expansion
Manufacturing revenue increased 6% (+$1.1M) to $18.7M. Completed a 17,500 sq ft expansion (total 47,500 sq ft) in Aug 2025 to raise throughput and target municipal and nuclear opportunities.
O&M Recurring Revenue Increase
Services segment O&M (recurring) revenue rose 9% to $32.1M in 2025, driven by incremental revenue from PERC Water and REC and new municipal and federal client work.
Gross Profit Dollars Increased
Gross profit rose to $48.4M in 2025 (up from $45.6M in 2024), reflecting improved absolute profitability across segments even as mix/shifts affected percentages.
Net Income from Continuing Operations Improved
Net income from continuing operations increased to $18.6M ($1.16 per diluted share) from $17.9M ($1.12), showing modest operating profitability improvement.
Dividend Increase to Return Capital to Shareholders
Quarterly cash dividend increased 27.3% to $0.14 per share beginning Q3 2025; approximately $2.3M paid in January 2026.
New Contract Awards and Project Pipeline
Awarded two Services projects totaling $15.6M (a $3.9M drinking water expansion in Colorado and an $11.7M wastewater recycling plant in Northern California) expected to contribute revenue primarily in 2026. Additional municipal opportunities and competitive O&M bids in Southern California are in pursuit.
Hawaii Project Technical Milestones Achieved
Completed 100% of design for the 1.7 MGD Kalaeloa desalination plant, successful pilot testing, and confirmation from Honolulu Board of Water Supply that produced water matches quality and causes no detrimental impact—enabling construction to begin once permits are issued.
CWCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CWCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 16, 2026 | $34.60 | $31.35 | -9.39% |
Nov 10, 2025 | $34.42 | $37.07 | +7.70% |
Aug 11, 2025 | $29.47 | $32.02 | +8.65% |
May 12, 2025 | $23.28 | $24.55 | +5.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Consolidated Water (CWCO) report earnings?
Consolidated Water (CWCO) is schdueled to report earning on May 18, 2026, After Close (Confirmed).
What is Consolidated Water (CWCO) earnings time?
Consolidated Water (CWCO) earnings time is at May 18, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CWCO EPS forecast?
CWCO EPS forecast for the fiscal quarter 2026 (Q1) is 0.26.