California Water Service Group (CWT) recorded third-quarter 2024 adjusted earnings of $1.03 per share, which lagged the Zacks Consensus Estimate of $1.09 per share by 5.5%. However, the bottom line increased from the year-ago quarter’s figure of 60 cents.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.CWT’s Total Revenues Operating revenues totaled $299.6 million, which surpassed the Zacks Consensus Estimate of $269 million by 11.6%. The top line also increased 17.5% from $255 milli ...

California Water Service Group (CWT) came out with quarterly earnings of $1.03 per share, missing the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.50%. A quarter ago, it was expected that this water utility would post earnings of $0.39 per share when it actually produced earnings of $0.70, delivering a surprise of 79.49%.Over the last four qu ...

Exhibit 99.1 1720 N. First Street, San Jose, CA 95112 California Water Service Group Reports Third Quarter Results SAN JOSE, Calif., October 31, 2024 (GLOBE NEWSWIRE) -- California Water Service Group ("Group" or "Company," NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported financial results for the third quarter of 2024. Highlights included: • Recorded diluted earnings per share of $1.03 in Q3 2024 and $2.93 year-to-date, compar ...

SAN JOSE, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported financial results for the third quarter of 2024. Highlights included: Recorded diluted earnings per share of $1.03 in Q3 2024 and $2.93 year-to-date, compared to $0.60 in Q3 and $0.38 year-to-date in 2023.Invested a record $332.2 million of capital in infrastructure during th ...

SAN JOSE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- At its meeting on October 30, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 319th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on November 22, 2024 to stockholders of record as of the close of business on November 12, 2024. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water ...

SAN JOSE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- NYSE: CWT—For the utility’s commitment to improving the lives of those in its local communities, the National Association for the Advancement of Colored People (NAACP) Butte County Chapter has honored California Water Service (Cal Water) with the 2024 Excellence in Community Grants & Scholarships Award. The award recognizes Cal Water’s efforts to invest in the future of Butte County’s youth. Cal Water, which provides water utility service to Chico and Orov ...

SAN JOSE, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- For its commitment to and advancements in sustainability, California Water Service Group (Group) (NYSE: CWT) has been named one of "America's Greenest Companies" by Newsweek. The magazine recognized eight companies in the utilities category, with Group being one of only two water utilities honored. Newsweek partnered with Plant-A Insights Group and GIST Impact to recognize the top 500 U.S. companies committed to reducing their environmental impact based on ...

California Water Service Group (CWT) gains from the company's organic and inorganic initiatives and planned capital investment to strengthen and expand its water infrastructure. The company is efficiently managing its debt levels and has enough financial strength to meet CWT's near-term interest obligations. Depending on a single state for the majority of its earnings and changes in regulations are major concerns for this water utility. Factors Acting as Tailwind for CWT Stock California Water Service's pri ...

SAN JOSE, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2024 third quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, October 31, 2024. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800- 715-9871 or 1-646-307-1963 and key in ID# 2796844, or you may access the live audio webcast at https://edge.media-se ...

SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- NYSE: CWT—For the second year in a row, the U.S. Environmental Protection Agency (EPA) has honored California Water Service (Cal Water) with its WaterSense® Excellence in Promoting WaterSense Labeled Products Award. EPA presented the 2024 national award to Cal Water for the utility's commitment to, and partnership in, helping customers become more waterefficient. This award recognizes a partner that goes above and beyond to help consumers understand the v ...