California Water (CWT) to Report Q2 Earnings: What to Expect

California Water Service Group (CWT) is scheduled to release second-quarter 2024 results on Aug 1. The company has a trailing four-quarter average earnings surprise is 85.16%. Let us discuss the factors that are likely to have impacted its quarterly performance. The company's earnings, however are likely to have been adversely impacted by higher water production expenses and increased in depreciation and amortization expenses. The Zacks Consensus Estimate for CWT's second-quarter sales is $200.3 million, wh ...