California Water Service Group (CWT) Q4 Earnings and Revenues Lag Estimates

California Water Service Group (CWT) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of$ 1.50 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -65.33%. A quarter ago, it was expected that this water utility would post earnings of$ 0.54 per share when it actually produced earnings of $0.60, delivering a surprise of 11.11%.Over the last four q ...