The Alkaline Water Company Inc. (NYSE:WTER) Expected to Announce Quarterly Sales of $18.50 Million

Equities analysts expect that The Alkaline Water Company Inc. (NYSE:WTERGet Rating) will announce sales of $18.50 million for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Alkaline Water’s earnings. The lowest sales estimate is $18.00 million and the highest is $19.00 million. Alkaline Water posted sales of $11.45 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 61.6%. The firm is expected to issue its next quarterly earnings results on Monday, January 1st.

According to Zacks, analysts expect that Alkaline Water will report full year sales of $62.44 million for the current fiscal year, with estimates ranging from $62.40 million to $62.48 million. For the next fiscal year, analysts anticipate that the company will report sales of $80.74 million, with estimates ranging from $74.00 million to $87.47 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for Alkaline Water.

Alkaline Water (NYSE:WTERGet Rating) last announced its earnings results on Monday, February 14th. The company reported ($0.07) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.09) by $0.02. The company had revenue of $15.11 million during the quarter, compared to the consensus estimate of $15.00 million.

Alkaline Water stock traded up $0.02 during trading on Friday, reaching $0.85. The company had a trading volume of 437,370 shares, compared to its average volume of 907,318. Alkaline Water has a 52 week low of $0.68 and a 52 week high of $2.35. The firm’s 50-day simple moving average is $0.91 and its 200 day simple moving average is $1.22.

Alkaline Water Company Profile (Get Rating)

The Alkaline Water Co, Inc engages in the business of distributing, marketing and selling of bottled alkaline water in the Untied States of America. It offers retail consumers bottled alkaline water in 1-gallon, 3-liter, 1.5-liter, 1-liter, 700ml, and 500ml sizes under the trade name Alkaline88. The firm also offers retail consumers flavor infused bottled water in the 500-milliliter size in six flavors: Raspberry, Watermelon, Lemon, Lemon Lime, Peach Mango, and Blood Orange.

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