GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — Consolidated Water Co. (CWCO) on Monday reported second-quarter earnings of $5.1 million.
On a per-share basis, the Grand Cayman, Cayman Islands-based company said it had profit of 32 cents.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.
The developer and operator of desalination plants posted revenue of $33.6 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $32.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CWCO at https://www.zacks.com/ap/CWCO
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