Core Viewpoint - American States Water (AWR) reported quarterly earnings of $0.70 per share, matching the Zacks Consensus Estimate and showing an increase from $0.62 per share a year ago [1] - The company also posted revenues of $148.01 million for the quarter, exceeding the Zacks Consensus Estimate by 4.24% and up from $135.25 million year-over-year [2] Financial Performance - Earnings per share (EPS) for the last quarter were $0.70, consistent with estimates, and the company has surpassed consensus EPS estimates two times in the last four quarters [1] - Revenues for the quarter were $148.01 million, surpassing expectations and marking a year-over-year increase [2] - The current consensus EPS estimate for the upcoming quarter is $0.91, with projected revenues of $169 million, and for the current fiscal year, the estimate is $3.28 on $621 million in revenues [7] Market Performance - American States Water shares have increased by approximately 3.9% since the beginning of the year, contrasting with a decline of -4.7% in the S&P 500 [3] - The company's stock is currently rated Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions [6] Industry Outlook - The Utility - Water Supply industry is currently ranked in the top 21% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

York Water (YORW) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -24.24%. A quarter ago, it was expected that this purifying and distribution company would post earnings of $0.37 per share when it actually produced earnings of $0.36, delivering a surprise of -2.70%.Over the last four ...

Core Insights - The Association of California Water Agencies (ACWA) will host its 2025 Spring Conference & Expo on May 14-15 in Monterey, focusing on critical water resource issues in California [1][4] - The conference will feature discussions on disaster responses, watershed health, groundwater recharge, and coordination between state and federal water supply efforts [2] Group 1 - The conference will address responses to various disasters, including catastrophic wildfires in Los Angeles, and how water agencies can prepare for such events [2] - Keynote speakers include National Water Supply Alliance President Katherine Zitsch, who will discuss water supply challenges faced by California and the U.S. Southeast, and Family Farm Alliance Executive Director Dan Keppen, who will share insights from his advocacy work for Western farmers and ranchers [3] Group 2 - ACWA represents approximately 470 public agency members responsible for about 90% of the water delivered in California [4] - The event will provide a platform for presentations, panel discussions, and networking among public water agency leaders [1][4]

Wall Street expects a year-over-year increase in earnings on higher revenues when Essential Utilities (WTRG) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 1 ...

Core Viewpoint - Middlesex Water (MSEX) reported quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.55 per share, and down from $0.59 per share a year ago, indicating an earnings surprise of -3.64% [1] Financial Performance - The company posted revenues of $44.3 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.48%, compared to $40.52 million in the same quarter last year [2] - Over the last four quarters, Middlesex Water has exceeded consensus revenue estimates four times [2] Stock Performance - Middlesex Water shares have increased by approximately 19.9% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for it to outperform the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.70 on revenues of $52 million, and for the current fiscal year, it is $2.53 on revenues of $199 million [7] - The estimate revisions trend for Middlesex Water is favorable ahead of the earnings release, which may influence future stock movements [5][6] Industry Context - The Utility - Water Supply industry is currently ranked in the top 32% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]

Core Viewpoint - California Water Service Group (CWT) reported quarterly earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.16 per share, but down from $1.21 per share a year ago, indicating a 37.50% earnings surprise [1] Group 1: Earnings Performance - The company has surpassed consensus EPS estimates three times over the last four quarters [2] - The quarterly revenue was $203.97 million, surpassing the Zacks Consensus Estimate by 13.24%, compared to $270.75 million in the same quarter last year [2] - The earnings surprise for the previous quarter was 120%, with actual earnings of $0.33 per share against an expected $0.15 [1] Group 2: Stock Performance - California Water Service Group shares have increased by approximately 11.7% since the beginning of the year, contrasting with a -5.3% decline in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 3: Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $225.05 million, and for the current fiscal year, it is $2.32 on revenues of $951.69 million [7] - The outlook for the Utility - Water Supply industry is favorable, ranking in the top 32% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]

American Water Works (AWK) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.96%. A quarter ago, it was expected that this water utility would post earnings of $1.13 per share when it actually produced earnings of $1.22, delivering a surprise of 7.96%.Over the last four quarters, the ...

Core Viewpoint - Captiva Verde Wellness Corp's subsidiary, Matnaggewinu Development Corp (MDC), has signed a binding water supply agreement with Rodd Hotel and Resorts to provide pure bottled water for its outlets in Atlantic Canada, marking a significant step in indigenous economic opportunities and sustainable practices [1][2]. Group 1: Agreement Details - The agreement involves the purchase of pure bottled water by Rodd Hotel and Resorts for use in various locations, including premier golf resorts [2]. - The water will be sourced from the coastal atmosphere, ensuring high purity and sustainability, surpassing the quality of other commercial water products [2][5]. Group 2: Company Background - Rodd Hotels and Resorts is the largest independently owned hotel chain in Atlantic Canada, known for exceptional guest experiences and promoting regional tourism [3][4]. - The CEO, Mark Rodd, emphasizes the importance of indigenous procurement and aims to expand MDC's market presence in government and private sectors [5]. Group 3: Matnaggewinu Development Corp (MDC) - MDC is a Mi'kmaq-led corporation focused on economic opportunities and self-sufficiency for Mi'kmaq communities, with initiatives in various sectors including pure drinking water [6]. - MDC is 49% owned by Captiva Verde, which aims to foster long-term sustainable growth for indigenous communities [6][9]. Group 4: Captiva Verde Wellness Corp - Captiva Verde is publicly traded and focuses on sustainable housing, health, and wellness initiatives in Indigenous communities, expanding into aerospace and defense [9]. - The partnership with MDC aligns with Captiva Verde's mission to promote economic reconciliation and self-sufficiency [9].

SJW (SJW) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this parent of San Jose Water Co. Would post earnings of $0.55 per share when it actually produced earnings of $0.74, delivering a surprise of 34.55%.Over the last four quarters, the ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Essential Utilities (WTRG) , which belongs to the Zacks Utility - Water Supply industry, could be a great candidate to consider.This water utility has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 5.11%.For the most recent quarter, Essential Util ...