Consolidated Water Q1 Earnings Miss Estimates, Revenues Decrease Y/Y

Consolidated Water Co. Ltd. CWCO delivered first-quarter 2026 earnings per share of 24 cents, which missed the Zacks Consensus Estimate of 27 cents by 11.11%. The bottom line also declined 22.58% from the year-ago period’s earnings of 31 cents.Total Revenues of CWCOCWCO’s total revenues for first-quarter 2026 were $30 million, missing the Zacks Consensus Estimate of $33.4 million by 10.18%. The top line also decreased 11.1% from the year-ago figure of $33.7 million.Consolidated Water Co. Ltd. Price, Consensus and EPS Surprise Consolidated Water Co. Ltd. price-consensus-eps-surprise-chart | Consolidated Water Co. Ltd. QuoteCWCO’s Q1 Segmental DetailsRetail revenues for the quarter decreased 8.86% to $8.6 million. The decrease was primarily due to a 10.2% decline in water sales volume because of significantly higher rainfall in Grand Cayman during the quarter compared with 2025.Bulk revenues increased 3.96% to $8.7 million. The slight growth was driven by new revenue contributions from the recently commissioned seawater desalination facility in Cat Island, the Bahamas.Manufacturing revenues decreased 76% to $1.4 million. The decline was mainly due to the lower total value of new purchase orders and, to a lesser extent, delays in the receipt and commencement of work related to these orders.Services revenues increased 11.64% to $11.3 million. The increase was mainly attributed to revenues generated under O&M contracts, which amounted to $8.9 million for the first quarter of 2026, up 15% from the prior-year quarter.Highlights of CWCO’s Q1 Earnings ReleaseThe company’s first-quarter 2026 revenues decreased due to lower contributions from its manufacturing and retail segments. These declines were partly offset by growth in the bulk water and services segment revenues.Gross profit for the first quarter of 2026 was $10.91 million, down 11.30% from $12.31 million in the first quarter of 2025. Total general and administrative expenses increased nearly 3.95% to $7.42 million.CWCO’s Financial HighlightsCash and cash equivalents totaled $126.3 million as of March 31, 2026, compared with $123.8 million as of Dec. 31, 2025.Total long-term debt was $0.005 million as of March 31, 2026, down from $0.03 million at 2025-end.Cash flow from operating activities during first-quarter 2026 totaled $6.5 million compared with $11.8 million in the year-ago period.CWCO’s Zacks RankConsolidated Water currently has a Zacks Rank #5 (Strong Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Recent ReleasesAtmos Energy ATO posted second-quarter fiscal 2026 earnings of $3.47 per share, which surpassed the Zacks Consensus Estimate of $3.37 by 2.97%. The bottom line improved 14.52% from the year-ago quarter’s $3.03.ATO’s long-term (three to five years) earnings growth rate is 6.82%. The Zacks Consensus Estimate for 2026 earnings is pinned at $8.30 per share, which implies a year-over-year increase of 11.26%.Southwest Gas Holdings Inc. SWX reported first-quarter 2026 operating earnings of $1.91 per share, which beat the Zacks Consensus Estimate of $1.88 by 1.60%. The bottom line increased 15.76% from the year-ago quarter.SWX’s long-term earnings growth rate is 9.89%. The Zacks Consensus Estimate for 2026 earnings is pinned at $4.26 per share, which implies a year-over-year increase of 16.71%.WEC Energy Group WEC reported first-quarter 2026 earnings of $2.45 per share, which beat the Zacks Consensus Estimate of $2.33 by 5.15%. The bottom line increased 7.93% from the year-ago quarter’s $2.27.WEC’s long-term earnings growth rate is 7.44%. The Zacks Consensus Estimate for 2026 earnings is pinned at $5.60 per share, which implies a year-over-year increase of 6.26%.Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum Stocks Now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks