NASDAQ$PCYO
Pure Cycle Corp · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Pure Cycle reported positive net income for the fifteenth consecutive fiscal quarter, but faced challenges due to the housing market downturn and weather.
Pure Cycle Corporation reported revenues of $1.3 million and a net income of $0.2 million for the three months ended November 30, 2022. The company's performance was impacted by the housing market downturn, but offset by surface use payments from oil and gas operators.
- Revenues reached $1.3 million, resulting in pre-tax income of $0.3 million.
- EBITDA was $0.8 million.
- Cash and investments totaled $32.0 million.
- 67.5 million gallons of water were delivered.
Headline financials
Revenue & EPS history
Pure Cycle · Revenue · Quarterly
$1.34M
Revenue by segment
Pure Cycle · $3.63M total across 4 segments · Q1 2021
- Lot sales$2.36M—65.0%
- Tap fees$1.08M—29.9%
- Water services$167K—4.6%
- Project mgmt & other$21K—0.6%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2023
+0.8%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.9%
Avg return
30 days after
55%
26 / 47 earnings
Positive
+14.8%
Q2 2021
Best reaction
-9.6%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | — | — | — | |
| Q2 2026 | +1.1% | -3.7% | -1.0% | |
| Q1 2026 | +4.7% | +7.5% | +4.6% | |
| Q4 2025 | -1.9% | -0.5% | +8.1% | |
| Q3 2025 | +1.7% | -1.7% | +0.8% | |
| Q2 2025 | -4.5% | -7.1% | -3.9% | |
| Q1 2025 | -4.1% | -5.0% | -3.6% | |
| Q4 2024 | +11.1% | +11.6% | +13.7% | |
| Q3 2024 | +7.4% | +11.8% | +7.2% | |
| Q2 2024 | -0.1% | -2.0% | +1.2% | |
| Q1 2024 | +0.6% | +0.3% | -2.6% | |
| Q4 2023 | -4.1% | -3.4% | +5.4% | |
| Q3 2023 | -0.4% | +6.9% | +9.2% | |
| Q2 2023 | +1.2% | +1.4% | +2.9% | |
| Q1 2023 | -9.6% | -6.6% | -15.4% | |
| Q4 2022 | +10.9% | +21.7% | +29.0% | |
| Q3 2022 | -3.8% | -2.8% | +0.6% | |
| Q2 2022 | -5.8% | -3.4% | -18.4% | |
| Q1 2022 | -2.4% | -3.4% | -10.6% | |
| Q4 2021 | +1.3% | +1.5% | -6.7% | |
| Q3 2021 | +2.4% | +3.3% | +9.9% | |
| Q2 2021 | +14.8% | +16.3% | -4.8% | |
| Q1 2021 | +6.0% | +4.6% | -2.4% | |
| Q4 2020 | +4.8% | +1.6% | +9.5% | |
| Q3 2020 | -6.2% | -7.4% | -2.6% | |
| Q2 2020 | +7.7% | +9.9% | +7.6% | |
| Q1 2020 | +0.6% | -1.0% | +6.2% | |
| Q4 2019 | +1.1% | +1.7% | +10.0% | |
| Q3 2019 | -1.9% | +2.2% | -0.2% | |
| Q2 2019 | +1.8% | +3.5% | +2.4% | |
| Q1 2019 | +1.1% | -1.7% | +2.3% | |
| Q4 2018 | +0.6% | -4.8% | -9.1% | |
| Q3 2018 | +2.0% | +3.0% | +8.1% | |
| Q2 2018 | +2.2% | -4.3% | +1.1% | |
| Q1 2018 | -1.2% | -1.2% | -9.2% | |
| Q4 2017 | -2.1% | -2.8% | +8.3% | |
| Q3 2017 | -1.9% | -6.9% | -7.8% | |
| Q2 2017 | +0.9% | +0.9% | +39.6% | |
| Q1 2017 | -0.9% | -6.5% | -3.7% | |
| Q4 2016 | -6.2% | -8.4% | -9.3% | |
| Q3 2016 | +0.6% | -2.8% | -1.1% | |
| Q1 2012 | +0.0% | — | — | |
| Q3 2011 | -7.5% | — | — | |
| Q2 2011 | -0.9% | — | — | |
| Q1 2010 | +0.6% | — | — | |
| Q4 2010 | -2.5% | — | — | |
| Q3 2010 | +7.3% | — | — | |
| Q2 2009 | +9.9% | — | — |
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