In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Pure Cycle has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NasdaqCM:PCYO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
8/31/2024	29	12	0	2	N/A
5/31/2024	20	6	-5	0	N/A
2/29/2024	19	7	-2	4	N/A
11/30/2023	19	7	-10	-3	N/A
8/31/2023	15	5	-10	-2	N/A
5/31/2023	22	9	17	26	N/A
2/28/2023	18	7	15	23	N/A
11/30/2022	20	8	16	23	N/A
8/31/2022	23	10	12	17	N/A
5/31/2022	17	6	-11	-9	N/A
2/28/2022	16	5	-13	-10	N/A
11/30/2021	17	21	-6	-3	N/A
8/31/2021	17	20	1	3	N/A
5/31/2021	22	19	3	6	N/A
2/28/2021	21	19	-1	4	N/A
11/30/2020	20	2	-1	6	N/A
8/31/2020	26	7	12	21	N/A
5/31/2020	25	9	7	21	N/A
2/29/2020	29	10	10	24	N/A
11/30/2019	28	10	10	24	N/A
8/31/2019	20	5	-11	4	N/A
5/31/2019	15	2	-8	-1	N/A
2/28/2019	11	1	-8	-2	N/A
11/30/2018	9	1	-9	-5	N/A
8/31/2018	7	0	-2	0	N/A
5/31/2018	4	0	N/A	-2	N/A
2/28/2018	3	-1	N/A	-2	N/A
11/30/2017	2	-1	N/A	-1	N/A
8/31/2017	1	-2	N/A	-1	N/A
5/31/2017	1	-2	N/A	-1	N/A
2/28/2017	1	-1	N/A	-1	N/A
11/30/2016	1	-1	N/A	0	N/A
8/31/2016	0	-1	N/A	0	N/A
5/31/2016	0	-1	N/A	-1	N/A
2/29/2016	0	-1	N/A	-1	N/A
11/30/2015	0	-1	N/A	-2	N/A
8/31/2015	1	-1	N/A	-1	N/A
5/31/2015	2	1	N/A	-1	N/A
2/28/2015	3	1	N/A	1	N/A
11/30/2014	3	1	N/A	0	N/A
8/31/2014	2	0	N/A	0	N/A
5/31/2014	3	-3	N/A	0	N/A
2/28/2014	2	-3	N/A	-2	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PCYO's forecast earnings growth is above the savings rate (2.6%).

Earnings vs Market: Insufficient data to determine if PCYO's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if PCYO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if PCYO's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if PCYO's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PCYO's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 04:30
End of Day Share Price	2024/12/30 00:00
Earnings	2024/08/31
Annual Earnings	2024/08/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Pure Cycle Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brent Rystrom	Feltl and Company, Inc.
Robert Young	Wm Smith & Co.

Pure Cycle Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

Pure Cycle Corporation to Report Q1, 2025 Results on Jan 08, 2025

We Like These Underlying Return On Capital Trends At Pure Cycle (NASDAQ:PCYO)

Pure Cycle Corporation, Annual General Meeting, Jan 15, 2025

Full year 2024 earnings released: EPS: US$0.48 (vs US$0.20 in FY 2023)

Investor sentiment improves as stock rises 15%

Pure Cycle Corporation to Report Fiscal Year 2024 Results on Nov 13, 2024

Pure Cycle Corporation's (NASDAQ:PCYO) Business Is Yet to Catch Up With Its Share Price

Investor sentiment improves as stock rises 18%

Pure Cycle's (NASDAQ:PCYO) Returns On Capital Are Heading Higher

Third quarter 2024 earnings released: EPS: US$0.12 (vs US$0.14 in 3Q 2023)

Pure Cycle Corporation to Report Q3, 2024 Results on Jul 10, 2024

Pure Cycle Corporation(NasdaqCM:PCYO) dropped from Russell 2000 Growth-Defensive Index

Pure Cycle Corporation Announces Board of Directors Changes

Second quarter 2024 earnings released: EPS: US$0.005 (vs US$0.008 in 2Q 2023)

Pure Cycle Corporation to Report Q2, 2024 Results on Apr 10, 2024

Insufficient new directors

First quarter 2024 earnings released: EPS: US$0.086 (vs US$0.007 in 1Q 2023)

Pure Cycle Corporation to Report Q1, 2024 Results on Jan 12, 2024

Pure Cycle Corporation, Annual General Meeting, Jan 17, 2024

Full year 2023 earnings released: EPS: US$0.20 (vs US$0.40 in FY 2022)

Pure Cycle Corporation to Report Fiscal Year 2023 Results on Nov 15, 2023

President notifies of intention to sell stock

Pure Cycle Corporation Announces Chief Financial Officer Changes

Independent Director exercised options and sold US$52k worth of stock

Third quarter 2023 earnings released: EPS: US$0.14 (vs US$0.035 in 3Q 2022)

Pure Cycle Corporation to Report Nine Months, 2023 Results on Jul 12, 2023

Is Pure Cycle (NASDAQ:PCYO) Using Too Much Debt?

Second quarter 2023 earnings released: EPS: US$0.008 (vs US$0.071 in 2Q 2022)

First quarter 2023 earnings released: EPS: US$0.007 (vs US$0.063 in 1Q 2022)

Pure Cycle Corporation to Report Q1, 2023 Results on Jan 09, 2023

Pure Cycle Corporation, Annual General Meeting, Jan 11, 2023

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: US$0.40 (vs US$0.84 in FY 2021)

Pure Cycle: This Obscure Water Play Is Back In The Buy Zone

Pure Cycle Corporation to Report Fiscal Year 2022 Results on Nov 14, 2022

Pure Cycle receives $23.6M from Second Sky Ranch Community Authority Board bond offering

Third quarter 2022 earnings released: EPS: US$0.035 (vs US$0.026 in 3Q 2021)

Pure Cycle GAAP EPS of $0.03, revenue of $3.19M

Pure Cycle Corporation to Report Q3, 2022 Results on Jul 11, 2022

3 Best Real Estate Stocks To Buy Now; I Like PCYO Best

Pure Cycle Corporation to Report Q2, 2022 Results on Apr 11, 2022

Pure Cycle: 50-70% Conservative NAV, Hard-Asset Company, Lots Of Free Options And Insiders Own 21%

Pure Cycle Corporation to Report Q2, 2022 Results on Apr 12, 2022

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Pure Cycle (NASDAQ:PCYO) Strong Profits May Be Masking Some Underlying Issues

Full year 2021 earnings released: EPS US$0.84 (vs US$0.28 in FY 2020)

Second quarter 2021 earnings released: EPS US$0.72 (vs US$0.011 in 2Q 2020)

New 90-day high: US$12.15

Pure Cycle Corporation Announces Changes to Builders for Second Phase of Development At Sky Ranch

New 90-day high: US$11.90

Pure Cycle reports FQ1 results

Pure Cycle: A Water Utility Player Creating Its Own Market

New 90-day high: US$10.64

Pure Cycle Corporation, Annual General Meeting, Jan 13, 2021

New 90-day high: US$10.27

Full year 2020 earnings released: EPS US$0.28

Pure Cycle reports FY results

PCY Holdings, LLC Enters into Contracts for Purchase and Sale of Real Estate

Pure Cycle receives contracts for lots sale in second development filing

New 90-day low: US$8.68

New 90-day high - US$10.26

Pure Cycle Corporation(NasdaqCM:PCYO) dropped from Russell 2000 Dynamic Index