Global Water Resources Q4 2023 GAAP EPS $0.050 Beats $0.040 Estimate, Sales $12.368M Beat $12.000M Estimate

3/7/24 1:16:41 AM ET

Water Supply

Utilities

Get the next $GWRS alert in real time by email

Global Water Resources (NASDAQ:GWRS) reported quarterly earnings of $0.050 per share which beat the analyst consensus estimate of $0.040 by 25 percent. The company reported quarterly sales of $12.368 million which beat the analyst consensus estimate of $12.000 million by 3.07 percent. This is a 11.43 percent increase over sales of $11.099 million the same period last year.

Get the next $GWRS alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$GWRS

Date	Price Target	Rating	Analyst
9/19/2022	$17.00	Buy	Janney
9/23/2021	$19.00 → $21.00	Buy	Roth Capital

More analyst ratings

$GWRS
Press Releases

Fastest customizable press release news feed in the world

Global Water Resources Reports Third Quarter 2024 Results
PHOENIX, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, reported results for the third quarter ended September 30, 2024. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 1:00 p.m. Eastern time tomorrow to discuss the results (see dial-in information below). Q3 2024 Financial Highlights Total revenue decreased 1.5% to $14.3 million, primarily attributable to the recognition of $0.5 million in unregulated revenue related to infrastructure coordination and financing agreements (ICFAs) in the third quarter of 2023 that did not recur in the third
11/6/24 5:00:24 PM ET
$GWRS
Water Supply
Utilities
Global Water Resources Declares Monthly Dividend
PHOENIX, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, has declared, under its dividend policy a monthly cash dividend in the amount of $0.02508 per common share (an annualized dividend rate of $0.30096 per share). The dividend will be payable on November 27, 2024, to holders of record at the close of business on November 13, 2024. About Global Water Resources Global Water Resources, Inc. is a leading water resource management company that owns and operates 32 systems which provide water, wastewater, and recycled water services. The company's service areas are located primarily in growth corridors aroun
10/31/24 8:31:00 AM ET
$GWRS
Water Supply
Utilities
Global Water Resources Sets Third Quarter 2024 Conference Call for Thursday, November 7, 2024 at 1:00 p.m. ET
PHOENIX, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, will hold a conference call on Thursday, November 7, 2024 at 1:00 p.m. Eastern time to discuss results for the third quarter ended September 30, 2024. The financial results will be issued in a press release prior to the call. Global Water Resources management will host the presentation, followed by a question-and-answer period. Date: Thursday, November 7, 2024Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time)Toll-free dial-in number: 1-833-816-1435International dial-in number: 1-412-317-0527Conference ID: 10193916Webcast (live and replay): here
10/16/24 8:31:00 AM ET
$GWRS
Water Supply
Utilities

Global Water Resources Reports Results of Director Election
PHOENIX, May 10, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc., ("the Company"), (NASDAQ:GWRS), a pure-play water resource management company, announced that the nominees listed in the Proxy Statement, dated March 26, 2024, for the 2024 Annual Meeting of Stockholders ("the Meeting") were selected as Directors of the Company. As of the March 14, 2024 record date for the determination of the shareholders entitled to notice of and to vote at the meeting, 24,175,947 shares of common stock were outstanding and eligible to vote. A total of 20,682,036 shares were voted in person or by proxy at the meeting. The results of the vote for the election of the Directors at the Meeting were as fo
5/10/24 8:31:00 AM ET
$GWRS
Water Supply
Utilities
Global Water Resources Reports Results of Director Election
PHOENIX, May 03, 2023 (GLOBE NEWSWIRE) -- Global Water Resources Inc., ("the Company"), (NASDAQ:GWRS), announced that the nominees listed in the Proxy Statement, dated March 25, 2023, for the 2023 Annual Meeting of Stockholders ("the Meeting") were selected as Directors of the Company. As of the March 13, 2023, record date for the determination of the shareholders entitled to notice of and to vote at the meeting, 23,871,046 shares of common stock were outstanding and eligible to vote. A total of 21,041,848 shares were voted in person or by proxy at the meeting. The results of the vote for the election of the Directors at the Meeting were as follows: Votes For% of Total Shares VotedVotes
5/3/23 7:15:00 PM ET
$GWRS
Water Supply
Utilities
Global Water Resources Appoints Chris Krygier as COO
PHOENIX, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), (TSX:GWR), a pure-play water resource management company, has appointed noted utility industry leader, Chris Krygier, to the new position of chief operations officer. He previously served as the company's chief strategy officer since June 2020. Chris Krygier, COO of Global Water Resources As COO, Krygier will be responsible for Global Water's regulated water and wastewater utility operations across its expanding footprint in Arizona, including continuing to oversee the company's business development and regulatory affairs. Krygier will also continue to lead the company's acquisition and growth initiat
2/7/23 8:31:00 AM ET
$GWRS
Water Supply
Utilities

$GWRS
Financials

Live finance-specific insights

Global Water Resources Reports Third Quarter 2024 Results
PHOENIX, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, reported results for the third quarter ended September 30, 2024. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 1:00 p.m. Eastern time tomorrow to discuss the results (see dial-in information below). Q3 2024 Financial Highlights Total revenue decreased 1.5% to $14.3 million, primarily attributable to the recognition of $0.5 million in unregulated revenue related to infrastructure coordination and financing agreements (ICFAs) in the third quarter of 2023 that did not recur in the third
11/6/24 5:00:24 PM ET
$GWRS
Water Supply
Utilities
Global Water Resources Declares Monthly Dividend
PHOENIX, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, has declared, under its dividend policy a monthly cash dividend in the amount of $0.02508 per common share (an annualized dividend rate of $0.30096 per share). The dividend will be payable on November 27, 2024, to holders of record at the close of business on November 13, 2024. About Global Water Resources Global Water Resources, Inc. is a leading water resource management company that owns and operates 32 systems which provide water, wastewater, and recycled water services. The company's service areas are located primarily in growth corridors aroun
10/31/24 8:31:00 AM ET
$GWRS
Water Supply
Utilities
Global Water Resources Sets Third Quarter 2024 Conference Call for Thursday, November 7, 2024 at 1:00 p.m. ET
PHOENIX, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, will hold a conference call on Thursday, November 7, 2024 at 1:00 p.m. Eastern time to discuss results for the third quarter ended September 30, 2024. The financial results will be issued in a press release prior to the call. Global Water Resources management will host the presentation, followed by a question-and-answer period. Date: Thursday, November 7, 2024Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time)Toll-free dial-in number: 1-833-816-1435International dial-in number: 1-412-317-0527Conference ID: 10193916Webcast (live and replay): here
10/16/24 8:31:00 AM ET
$GWRS
Water Supply
Utilities

Global Water Resources Q1 EPS $0.03, Inline, Sales $11.61M Miss $11.70M Estimate
Global Water Resources (NASDAQ:GWRS) reported quarterly earnings of $0.03 per share which met the analyst consensus estimate. This is a 70 percent decrease over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $11.61 million which missed the analyst consensus estimate of $11.70 million by 0.77 percent. This is a 11.56 percent decrease over sales of $13.13 million the same period last year.
5/8/24 6:49:27 PM ET
$GWRS
Water Supply
Utilities
Global Water Resources To Acquire Seven Water Systems From Tucson Water, Adding 2,200 Customer Connections; No Financial Terms Disclosed
Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, has entered into an agreement to acquire seven water systems from the City of Tucson's water utility. The systems are located in and around Pima County where they serve approximately 2,200 customers. Following their acquisition, they would be integrated with existing Global Water utilities in the area.The addition of the new systems will bring the total number of Global Water customers in Pima County to approximately 7,200, of which 5,000 were added from seven acquisitions completed in Pima County over the past four years. These utilities in Pima County comprise Global Water's second largest service ar
5/7/24 8:51:02 AM ET
$GWRS
Water Supply
Utilities
Global Water Resources Q4 Earnings Gain Boost From New Connections: Details
Global Water Resources Inc (NASDAQ:GWRS) reported fourth-quarter FY23 sales growth of 11.4% year-on-year to $12.368 million, beating the analyst consensus estimate of $12.00 million. The increase in revenue was primarily driven by an increase in new connections associated with the acquisition of Farmers Water in February 2023. Operating expenses for the quarter grew 8.5% to $10.7 million. Adjusted EBITDA increased 5.9% to $5.8 million. Operating income increased 34.8% to $1.66 million, with an operating margin of 13.4%. Active service connections increased 9.8% to 61,791 as of December 31, 2023. “Our strong financial results were primarily driven by increased rates, and organic g
3/7/24 8:45:38 AM ET
$GWRS
Water Supply
Utilities

Global Water Resources Q4 2023 GAAP EPS $0.050 Beats $0.040 Estimate, Sales $12.368M Beat $12.000M Estimate

Chat with this insight

Recent Analyst Ratings for $GWRS

$GWRS Press Releases

Fastest customizable press release news feed in the world

Global Water Resources Reports Third Quarter 2024 Results

Global Water Resources Declares Monthly Dividend

Global Water Resources Sets Third Quarter 2024 Conference Call for Thursday, November 7, 2024 at 1:00 p.m. ET

$GWRS Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

VP of IT Operations Brill Steven D. bought $88 worth of shares (7 units at $12.57), increasing direct ownership by 0.20% to 3,466 units (SEC Form 4)

VP of IT Operations Brill Steven D. bought $76 worth of shares (6 units at $12.74), increasing direct ownership by 0.17% to 3,459 units (SEC Form 4)

VP of IT Operations Brill Steven D. bought $151 worth of shares (13 units at $11.60), increasing direct ownership by 0.38% to 3,453 units (SEC Form 4)

$GWRS Leadership Updates

Live Leadership Updates

$GWRS SEC Filings

Global Water Resources Reports Results of Director Election

Global Water Resources Reports Results of Director Election

Global Water Resources Appoints Chris Krygier as COO

SEC Form 10-Q filed by Global Water Resources Inc.

Global Water Resources Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

Global Water Resources Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$GWRS Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Janney initiated coverage on Global Water Resources with a new price target

Roth Capital reiterated coverage on Global Water Resources with a new price target

Roth Capital reiterated coverage on Global Water Resources with a new price target

$GWRS Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Global Water Resources Inc. (Amendment)

SEC Form SC 13G filed by Global Water Resources Inc.

SEC Form SC 13D filed by Global Water Resources Inc.

$GWRS Financials

Live finance-specific insights

Global Water Resources Reports Third Quarter 2024 Results

Global Water Resources Declares Monthly Dividend

Global Water Resources Sets Third Quarter 2024 Conference Call for Thursday, November 7, 2024 at 1:00 p.m. ET

$GWRS Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Levine Jonathan L was granted 562 shares (SEC Form 4)

Director Huckelbridge Brett was granted 737 shares, increasing direct ownership by 21% to 4,286 units (SEC Form 4)

Director Coy Debra was granted 816 shares, increasing direct ownership by 4% to 20,309 units (SEC Form 4)

$GWRS Market Insights

Live Market Insights

Global Water Resources Q1 EPS $0.03, Inline, Sales $11.61M Miss $11.70M Estimate

Global Water Resources To Acquire Seven Water Systems From Tucson Water, Adding 2,200 Customer Connections; No Financial Terms Disclosed

Global Water Resources Q4 Earnings Gain Boost From New Connections: Details

Recent Analyst Ratings for
$GWRS

$GWRS
Press Releases

$GWRS
Insider Purchases

$GWRS
Leadership Updates

$GWRS
SEC Filings

$GWRS
Analyst Ratings

$GWRS
Large Ownership Changes

$GWRS
Financials

$GWRS
Insider Trading

$GWRS
Market Insights