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Pure Cycle (PCYO)
:PCYO
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Earnings Data
Report Date
Apr 15, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
<0.01Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 03, 2019
|% Change Since: -3.59%
|Next Earnings Date:Nov 08, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with record revenues, increased profits, and significant growth in key segments such as oil and gas royalties and single-family rentals. However, there were concerns about future weaknesses in the Water Utility segment and a projected decline in oil and gas royalties.Company Guidance
In the earnings call for Pure Cycle Corporation's first quarter of 2025, the company reported record revenues of approximately $5.7 million, a 7% increase from the previous year. Their gross profit was $3.67 million, yielding a 64% gross margin. The quarter also saw significant royalty income, particularly $2.6 million from oil and gas royalties, contributing to a net income of nearly $4 million or $0.16 per share. The company is on track to meet its 2025 guidance of $31 million in total revenue and $0.52 earnings per share. Additionally, the water utility segment experienced a 150% increase in tap fees, with customer revenues rising by 12%. The single-family rental segment showed a 14% increase in rental income, reflecting both higher rents and new units. Looking forward, Pure Cycle anticipates continued growth across its segments, aligning with its strategic objectives and maintaining competitive metrics in the industry.Record Revenues and Growth
Pure Cycle Corporation reported record revenues of $5.7 million for Q1 2025, marking a 7% increase from the previous quarter. Gross profits rose by 10%, and earnings per share increased by 78%.
Strong Performance in Oil and Gas Royalties
The company earned $2.6 million in oil and gas royalties, contributing significantly to the quarter's gross margin of 64%.
Significant Uptick in Tap Fees
Tap fees increased by 150% due to ongoing developments at Sky Ranch, with a 12% rise in customer revenues.
Single-Family Rental Segment Growth
Rental incomes grew by 14%, with a high renewal rate of over 90% for lessees, indicating strong performance in the single-family rental segment.
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PCYO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PCYO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 08, 2025 | $11.98 | $11.57 | -3.42% |
| Nov 13, 2024 | $11.68 | $13.04 | +11.64% |
| Jul 10, 2024 | $9.35 | $10.00 | +6.95% |
| Apr 10, 2024 | $9.51 | $9.68 | +1.79% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Pure Cycle (PCYO) report earnings?
Pure Cycle (PCYO) is schdueled to report earning on Apr 15, 2025, TBA Not Confirmed.
What is Pure Cycle (PCYO) earnings time?
Pure Cycle (PCYO) earnings time is at Apr 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PCYO EPS forecast?
Currently, no data Available
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