Global Water Resources (GWR) Scheduled to Post Quarterly Earnings on Thursday

Global Water Resources (TSE:GWR – Get Rating) is scheduled to be announcing its earnings results before the market opens on Thursday, May 5th. Analysts expect the company to announce earnings of C($0.01) per share for the quarter.

Global Water Resources (TSE:GWR – Get Rating) last issued its earnings results on Thursday, March 10th. The company reported C$0.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.01 by C$0.01. The business had revenue of C$13.00 million for the quarter, compared to analysts’ expectations of C$12.57 million.

Shares of Global Water Resources stock opened at C$18.70 on Thursday. The company has a debt-to-equity ratio of 376.34, a current ratio of 1.12 and a quick ratio of 1.02. The firm has a fifty day moving average price of C$20.10 and a 200 day moving average price of C$21.13. Global Water Resources has a 1 year low of C$18.47 and a 1 year high of C$25.75. The stock has a market cap of C$426.92 million and a PE ratio of 91.22.

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 31st. Shareholders of record on Thursday, March 17th were issued a $0.031 dividend. The ex-dividend date of this dividend was Wednesday, March 16th. This represents a $0.37 dividend on an annualized basis and a yield of 1.99%. Global Water Resources’s payout ratio is 142.71%.

Global Water Resources Company Profile (Get Rating)

Global Water Resources, Inc, a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water utilities primarily in metropolitan Phoenix, Arizona. As of December 31, 2020, it served approximately 74,048 people in approximately 27,630 homes. The company was founded in 2003 and is based in Phoenix, Arizona.

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