Brokerages Anticipate The Alkaline Water Company Inc. (NASDAQ:WTER) to Announce -$0.09 Earnings Per Share

Equities research analysts expect The Alkaline Water Company Inc. (NASDAQ:WTER – Get Rating) to announce earnings of ($0.09) per share for the current quarter, according to Zacks. Two analysts have issued estimates for Alkaline Water’s earnings, with the lowest EPS estimate coming in at ($0.10) and the highest estimate coming in at ($0.07). Alkaline Water posted earnings per share of ($0.06) in the same quarter last year, which suggests a negative year over year growth rate of 50%. The company is scheduled to report its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Alkaline Water will report full year earnings of ($0.38) per share for the current year, with EPS estimates ranging from ($0.39) to ($0.36). For the next financial year, analysts expect that the company will report earnings of ($0.26) per share, with EPS estimates ranging from ($0.30) to ($0.21). Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that follow Alkaline Water.

Alkaline Water (NASDAQ:WTER – Get Rating) last announced its quarterly earnings data on Monday, February 14th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.02. The firm had revenue of $15.11 million for the quarter, compared to the consensus estimate of $15.00 million. Alkaline Water had a negative net margin of 59.37% and a negative return on equity of 294.08%.

Shares of WTER stock opened at $0.46 on Tuesday. The company has a market capitalization of $50.57 million, a price-to-earnings ratio of -1.30 and a beta of 2.01. Alkaline Water has a one year low of $0.45 and a one year high of $2.35. The company’s fifty day moving average price is $0.83 and its 200-day moving average price is $1.09.

Alkaline Water Company Profile (Get Rating)

The Alkaline Water Company Inc produces, distributes, and markets bottled alkaline water in the United States. It also provides flavored bottled alkaline water in various flavors, including raspberry, watermelon, lemon, lemon lime, peach mango, blood orange, and cucumber mint. The company offers bottled alkaline water in various volumes under the Alkaline88 brand.

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