NASDAQ$PCYO
Pure Cycle Corp · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Pure Cycle's financial performance for Q4 2024 showed a significant increase in revenue, net income, and earnings per share compared to the same period in the previous year.
Pure Cycle Corporation reported a strong Q4 2024, with revenue reaching $12.6 million and net income at $6.6 million. The company's earnings per share also saw a substantial increase. These results reflect the continued success of the Sky Ranch Master Planned community and increased water sales.
- Revenue for Q4 2024 was $12.6 million, driving pre-tax income to $8.8 million.
- Net income for Q4 2024 reached $6.6 million.
- EBITDA for Q4 2024 was $9.5 million.
- 396 acre-feet of water delivered during Q4 2024.
Headline financials
Revenue & EPS history
Pure Cycle · Revenue · Quarterly
$12.6M
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%
Forward guidance
Pure Cycle anticipates continued growth in its land development segment and strong demand for oil and gas water sales, with various phases of development progressing concurrently.
Tailwinds
- Continued success of Sky Ranch Master Planned community.
- Three phases of lot development under construction.
- Accelerated timing of lot deliveries to home builder customers.
- Strong outlook for water sales to oil and gas customers.
- Record YTD water sales to oil and gas customers.
Headwinds
- Oil and gas operations are highly variable and dependent on oil prices.
- Demand for gas.
- Timing of development of other leases in our service areas.
- Home mortgage interest rates.
- Inflation.
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 Q4 2024
+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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