Global Water Resources (GWRS) Set to Announce Earnings on Wednesday

Global Water Resources (NASDAQ:GWRS) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect Global Water Resources to post earnings of $0.04 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Global Water Resources (NASDAQ:GWRS) last released its earnings results on Wednesday, March 6th. The utilities provider reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. The firm had revenue of $12.37 million for the quarter, compared to the consensus estimate of $12.00 million. Global Water Resources had a net margin of 15.05% and a return on equity of 13.64%. During the same period in the prior year, the firm earned $0.04 EPS. On average, analysts expect Global Water Resources to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Global Water Resources Stock Down 0.1 %

NASDAQ:GWRS opened at $12.76 on Monday. The company has a market capitalization of $308.41 million, a PE ratio of 38.67, a P/E/G ratio of 2.74 and a beta of 0.98. The firm’s 50-day moving average price is $12.55 and its 200-day moving average price is $12.19. Global Water Resources has a 1-year low of $9.34 and a 1-year high of $13.43. The company has a debt-to-equity ratio of 2.16, a current ratio of 0.82 and a quick ratio of 0.82.

Global Water Resources Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be paid a $0.025 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend is Thursday, May 16th. Global Water Resources’s payout ratio is 90.91%.

Global Water Resources Company Profile

Global Water Resources, Inc, a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water systems primarily in metropolitan Phoenix and Tucson, Arizona. It serves approximately 82,000 people in approximately 32,000 homes. The company was founded in 2003 and is based in Phoenix, Arizona.