Consolidated Water Co. Ltd. CWCO reported fourth-quarter 2017 earnings of 12 cents per share, lagging the Zacks Consensus Estimate of 18 cents by 33.3%.Consolidated Water Co. Ltd. Price, Consensus and EPS Surprise Consolidated Water Co. Ltd. Price, Consensus and EPS Surprise | Consolidated Water Co. Ltd. QuoteTotal RevenuesIn the quarter under review, Consolidated Water’s total revenues were $14.7 million, lagging the Zacks Consensus Estimate of $16.0 million by 8.1%. However, reported revenues were higher than the year-ago figure of $14.1 million by 4.3%.Total revenues in 2017 were $62.3 million compared with $57.9 million in 2016. The year-over-year growth was due to increase in Bulk and Manufacturing revenues.Yearly Segment DetailsRetail Water Operations revenues in 2017 were down 0.9% year over year to $23.3 million.Bulk Water Operations revenues increased 6.4% from the prior-year quarter to $31.6 million.Manufacturing revenues were nearly $7 million, up 79.8% year over year.Services Operations revenues of $0.5 million were down from the year-ago figure by 43.8%.Highlights of the ReleaseIn 2017, total cost of revenues increased 9.8% year over year to $36.9 million, mainly due to higher cost of revenues in Manufacturing and Bulk Water Operations.Consolidated Water’s gross profit in 2017 was $25.4 million, up 4.5% from 2016 levels.The company incurred general and administrative expenses of $19.1 million, up 2.7% from the prior-year figure.As of Dec 31, 2017, Consolidated Water’s cash and cash equivalents were $47.2 million, up from $39.3 million as of Dec 31, 2016.Zacks RankConsolidated Water carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Performance of the PeersFourth-quarter earnings from its peers in the industry were on the positive side. The water and wastewater service providers like American States Water Company AWR, Connecticut Water Service Inc. CTWS and American Water Works Company AWK have surpassed the Zacks Consensus Estimate. The long-term earnings growth of these companies is presently pegged at 5%, 6% and 7.47%, respectively.More Stock News: This Is Bigger than the iPhone!It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.Click here for the 6 trades >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Connecticut Water Service, Inc. (CTWS): Free Stock Analysis Report American Water Works (AWK): Free Stock Analysis Report Consolidated Water Co. Ltd. (CWCO): Free Stock Analysis Report American States Water Company (AWR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research