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Pure Cycle (PCYO)
:PCYO
Earnings Data
Report Date
Jul 14, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.12Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 09, 2025
|% Change Since: 2.32%
|Next Earnings Date:Jul 14, 2025
Earnings Call Sentiment|Positive
The earnings call showed a strong performance in revenue, net income, and liquidity, driven by mineral royalties and aggressive development in the Water Utilities and Land Development segments. While there were some seasonal and segment-specific challenges, the company's strategic positioning and future outlook remain positive.Company Guidance
During the Second Quarter Fiscal Year 2025 Earnings Call, Pure Cycle provided guidance indicating a strong financial performance with $4 million in revenue and a 38% gross margin largely driven by royalty income. The company highlighted its year-to-date revenue of approximately $10 million, aiming to meet its fiscal 2025 guidance of around $30 to $31 million. Gross profit margins were reported to be around 50%-plus, with continued growth in earnings per share, which stood at $0.20, achieving nearly 50% of the company's annual guidance. The call also underscored the company's strategic focus on land development, water utilities, and single-family rentals, with an expected increase in the number of single-family rental units to over 200 homes as part of the Sky Ranch development. Additionally, Pure Cycle discussed its liquidity position, boasting over $20 million, and its strategic priorities, including land acquisition and managing its water utility assets, with a capacity to service about 60,000 connections.Strong Quarterly Revenue and Growth
Q2 revenue was $4 million with a 38% gross margin, largely driven by mineral royalties. Year-to-date revenue is approximately $9.7 million with a gross margin over 50%.
Solid Net Income and Earnings Per Share
Continued growth in earnings per share and solid net income, with contributions from royalty income and three construction phases underway.
Water Utilities Segment Performance
Driven by the receipt of tap fees and aggressive home building, with additional oil and gas activity expected to increase in fiscal 2026.
Land Development and Single-Family Rentals
Accelerated development with four phases under construction, high occupancy rates in rentals, and plans to increase single-family rental homes.
Strong Liquidity Position
Over $20 million in liquidity, with cash and investments at $17 million and a strong balance sheet to support ongoing developments.
PCYO 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
PCYO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 09, 2025 | $10.78 | $10.29 | -4.55% |
Jan 08, 2025 | $11.98 | $11.57 | -3.42% |
Nov 13, 2024 | $11.68 | $13.04 | +11.64% |
Jul 10, 2024 | $9.35 | $10.00 | +6.95% |
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 Pure Cycle (PCYO) report earnings?
Pure Cycle (PCYO) is schdueled to report earning on Jul 14, 2025, TBA Not Confirmed.
What is Pure Cycle (PCYO) earnings time?
Pure Cycle (PCYO) earnings time is at Jul 14, 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 PCYO EPS forecast?
Currently, no data Available