Workflow
California Water Q3 Earnings Miss Estimates, Revenues Rise Y/Y
CWTCalifornia Water Service(CWT) ZACKS·2024-10-31 16:55

California Water Service Group (CWT) recorded third-quarter 2024 adjusted earnings of 1.03pershare,whichlaggedtheZacksConsensusEstimateof1.03 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 299.6million,whichsurpassedtheZacksConsensusEstimateof299.6 million, which surpassed the Zacks Consensus Estimate of 269 million by 11.6%. The top line also increased 17.5% from $255 milli ...