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Global Water Resources (GWRS)
:GWRS
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.06Last Year’s EPS
0.07Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 1.49%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced outlook with several positive developments, including increased service connections, infrastructure investments, and revenue growth. However, challenges such as decreased building permits, increased operating expenses, and a slight decline in net income were also noted. Despite these challenges, strategic initiatives like new rate approvals and a successful capital raise may position the company for future growth.Company Guidance
During the Global Water Resources, Inc. first quarter 2025 conference call, the company provided several key guidance metrics. Total active service connections rose by 4.3% to 65,163 as of March 31, 2025, maintaining an annualized growth rate of 4%. The company invested $15.2 million into infrastructure improvements and existing utilities, focusing on projects in the Santa Cruz Water Company and Palo Verde Utilities Company. Despite a 15% decrease in building permits in the Phoenix metropolitan area and a 41.5% decrease in the City of Maricopa compared to Q1 2024, Global Water remains optimistic due to strong population and job growth. Revenue for Q1 2025 was $12.5 million, a 7.3% increase from Q1 2024, driven by a 4.3% rise in active service connections and increased consumption. Operating expenses increased by 8.3% to $11.2 million, with notable increases in depreciation, O&M costs, and general administrative expenses. Adjusted EBITDA rose by 4.4% to $5.6 million. The company also highlighted a successful $32 million equity capital raise and an increased line of credit to $20 million. Furthermore, they are targeting the closure of the Tucson acquisition by summer and have proposed a $6.5 million annual rate increase under review with the Arizona Corporation Commission.Increased Service Connections
Total active service connections increased by 4.3% to 65,163 as of March 31, 2025, maintaining an annualized growth rate of 4%.
Infrastructure Investment
Invested $15.2 million into infrastructure improvements and existing utilities to provide safe and reliable service.
Revenue Growth
Total revenue for the first quarter of 2025 was $12.5 million, up by $0.8 million or 7.3% compared to Q1 2024.
Successful Equity Capital Raise
Raised $32 million in equity capital and extended the line of credit to May 2027, increasing it by $5 million to $20 million.
Approval of New Rates
The Arizona Corporation Commission approved new rates for the farmers water utility, effective May 1.
GWRS 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
GWRS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $10.05 | $10.11 | +0.60% |
Mar 05, 2025 | $11.31 | $11.53 | +1.95% |
Nov 06, 2024 | $13.29 | $13.27 | -0.15% |
Aug 07, 2024 | $11.70 | $11.94 | +2.05% |
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 Global Water Resources (GWRS) report earnings?
Global Water Resources (GWRS) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Global Water Resources (GWRS) earnings time?
Global Water Resources (GWRS) earnings time is at Aug 06, 2025, TBA Not 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 GWRS EPS forecast?
GWRS EPS forecast for the fiscal quarter 2025 (Q2) is 0.06.