California Water Service Group Announces 2023 Earnings for Year and Fourth Quarter

SAN JOSE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE:CWT) ("Company" or "CWT") today announced 2023 full year net income attributable to CWT of $51.9 million and diluted earnings per share of$0.91 for 2023, as compared to net income attributable to CWT of $96.0 million and diluted earnings per share of$1.77 for 2022. The $44.1 million decrease in net income was primarily due to the delayed final decision from the California Public Utilities Commission ("CPUC") on Califo ...