The earnings call reflects a mixed performance with growth in retail and manufacturing segments, a successful pilot in Hawaii, and a strong financial position, offset by a significant decline in the services segment revenue and challenges with permitting delays for the Hawaii project.

Company Guidance -

Q2 2025

During the call, Consolidated Water Company provided detailed guidance on various operational and financial metrics for the first quarter of 2025. The company's overall revenue decreased by 15% to $33.7 million compared to the first quarter of 2024, primarily due to a $7.3 million decline in the services segment following the completion of two major projects last year. However, retail water sales saw a 13% increase in volume due to population growth and business activity in Grand Cayman, leading to a revenue increase of $786,000. The manufacturing segment also experienced a 10% revenue increase, contributing $5.8 million, while gross profit for the quarter was $12.3 million, representing 37% of total revenue. Net income from continuing operations was $4.9 million, or $0.31 per diluted share, down from $6.9 million or $0.43 per diluted share in the first quarter of 2024. The company highlighted a significant milestone with the Honolulu Board of Water Supply approving the pilot test reports for a $204 million seawater desalination project in Hawaii, expected to drive major growth in their services segment in 2026 and 2027. Additionally, the company noted a strong balance sheet with cash and cash equivalents of $107.9 million and plans to potentially increase shareholder value through increased dividends, given the robust cash position.

Retail and Manufacturing Growth

Retail water sales in Grand Cayman showed higher sales volumes due to population growth and increased business activity. Manufacturing revenues and operating income increased by 10% and 44%, respectively, compared to the previous year.

Successful Pilot Phase in Hawaii Project

The Honolulu Board of Water Supply approved pilot test reports for the seawater desalination project, paving the way for construction, which is expected to be a major growth driver in 2026 and 2027.

Increase in O&M Revenue

Recurring revenue from operations and maintenance contracts increased by 9%, with contributions from PERC in California and Arizona, and REC in Colorado.

Strong Financial Position

Cash and cash equivalents grew to $107.9 million, and stockholder's equity increased to $213.3 million.

Expansion in Grand Cayman

Cayman Water Company received a new concession, and an expansion of the West Bay seawater desalination plant will add 1 million gallons per day by summer.

Manufacturing Segment Stability

Manufacturing revenue increased by 10% to $5.8 million, with a broadened product and client base mitigating revenue and profit variability.

Consolidated Water Co (CWCO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CWCO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 14, 2025	2025 (Q2)	0.20 / -	0.26	―	―	―
May 12, 2025	2025 (Q1)	0.21 / 0.31	0.43	-27.91% (-0.12)	―
Mar 17, 2025	2024 (Q4)	0.28 / 0.12	0.65	-81.54% (-0.53)	―
Nov 14, 2024	2024 (Q3)	0.26 / 0.31	0.55	-43.64% (-0.24)	―
Aug 14, 2024	2024 (Q2)	0.34 / 0.26	0.47	-44.68% (-0.21)	―
May 15, 2024	2024 (Q1)	0.39 / 0.43	0.26	65.38% (+0.17)	―
Mar 27, 2024	2023 (Q4)	0.44 / 0.65	0.16	306.25% (+0.49)	―
Nov 09, 2023	2023 (Q3)	0.40 / 0.55	0.05	1000.00% (+0.50)	―
Aug 10, 2023	2023 (Q2)	0.22 / 0.47	0.18	161.11% (+0.29)	―
May 15, 2023	2023 (Q1)	0.20 / 0.26	0.15	73.33% (+0.11)	―

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
May 12, 2025	$23.47	$24.74	+5.41%
Mar 17, 2025	$28.83	$26.90	-6.69%
Nov 14, 2024	$24.29	$25.43	+4.69%
Aug 14, 2024	$26.12	$26.40	+1.07%

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 Co Ltd (CWCO) report earnings?

Consolidated Water Co Ltd (CWCO) is schdueled to report earning on Aug 14, 2025, After Close (Confirmed).

What is Consolidated Water Co Ltd (CWCO) earnings time?

Consolidated Water Co Ltd (CWCO) earnings time is at Aug 14, 2025, 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 2025 (Q2) is 0.2.

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