Global Water Resources is dedicated to providing innovative water and wastewater management solutions, particularly in the western United States
The company operates a portfolio of water utilities that focus on sustainable practices to ensure the reliable delivery of clean water and efficient wastewater treatment services. Through advanced technologies and a commitment to environmental stewardship, Global Water Resources strives to optimize water resources while catering to the needs of residential and commercial customers, enhancing the overall quality of life in the communities it serves.
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GWRS stock results show that Global Water Resources missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.
Water utilities work to ensure an uninterrupted supply of clean, potable water and reliable sewer services to millions of customers in the US. Thus, they are essential to daily life. Here are some stocks in the space that may be worth considering.
Discover how Global Water Resources surpassed expectations with 11.4% year-on-year sales growth in Q4 FY23, hitting $12.368 million. Active service connections rose by 9.8% to 61,791.
The Fed remains concerned about elevated inflation, which may make markets volatile once again. Thus, investors should focus on stocks that offer risk-adjusted returns. Here is a look at some low-beta utilities stocks that may be worth considering.
Companies Reporting Before The Bell • Daktronics (NASDAQ:DAKT) is expected to report quarterly earnings at $0.00 per share on revenue of $164.68 million.
