Street Expectation From Evoqua Water Technologies Corp. ($AQUA) 3Q20 Earnings?

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Evoqua Water Technologies Corp. (NYSE:AQUA) is expected to report third quarter earnings results, before market open, on Tuesday 4th August 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.08 per share from revenue of $ 328.72 million.

Looking ahead, the full year income are expected at $ 0.45 per share on the revenues of $ 1390.40 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 1,400.00 million ~ $ 1,460.00 million

Click Here For More Historical Outlooks Of Evoqua Water Technologies Corp.

Previous Quarter Performance

Evoqua Water Technologies Corp. came out with income for the second quarter of $ 0.14 per share, from the revenue of $ 351.66 million. The quarterly earnings contracted 12.50 percent compared with the same quarter last year. Wall street analysts are predicting, AQUA to report 2Q20 income of $ 0.09 per share from revenue of $ 337.97 million. The bottom line results beat street analysts by $ 0.05 or 55.56 percent, at the same time, top line results outshined analysts by $ 13.69 million or 4.05 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Evoqua Water Technologies Corp.

Stock Performance

According to the previous trading day, closing price of AQUA was $ 19.60, representing a 176.45 % increase from the 52 week low of $ 7.09 and a 22.31 % decrease over the 52 week high of $ 25.23.

The company has a market capital of $ 2.29 billion and is part of the Industrials sector and Pollution & Treatment Controls industry.

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Recent Analyst recommendations

  • On 9th July 2020, maintained by Raymond James at Strong Buy rating, with $ 21.00 target price.
  • On 18th June 2020, maintained by Robert W. Baird at Neutral rating, with $ 20.00 target price.
Conference Call

Evoqua Water Technologies Corp. will be hosting a conference call at 10:00 AM eastern time on 4th August 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.evoqua.com

Evoqua Water Technologies Corp. provides a range of water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and services. It operates in three segments: Industrial, Municipal, and Products.