Zacks Utility - Water Supply

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Can California Water Service Group (CWT) Keep the Earnings Surprise Streak Alive?
ZACKS· 2025-07-23 17:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider California Water Service Group (CWT) . This company, which is in the Zacks Utility - Water Supply industry, shows potential for another earnings beat.This water utility has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the pa ...
Why Essential Utilities (WTRG) Could Beat Earnings Estimates Again
ZACKS· 2025-04-28 17:11
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 ...
Will Middlesex Water (MSEX) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-04-18 17:15
Core Insights - Middlesex Water (MSEX) has a strong history of beating earnings estimates and is well-positioned for continued success in upcoming reports [1][2] Earnings Performance - The company has surpassed earnings estimates by an average of 27.76% over the last two quarters [2] - In the most recent quarter, Middlesex Water reported earnings of $0.49 per share, exceeding the expected $0.36 per share by 36.11% [2] - For the previous quarter, the actual earnings were $0.80 per share against an estimate of $0.67 per share, resulting in a surprise of 19.40% [2] Earnings Estimates and Predictions - Recent estimates for Middlesex Water have been increasing, indicating positive sentiment among analysts [5] - The Zacks Earnings ESP for the company is currently positive at +9.09%, suggesting bullish near-term earnings potential [8] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] Zacks Rank and Earnings ESP - Middlesex Water holds a Zacks Rank of 1 (Strong Buy), which, combined with its positive Earnings ESP, indicates a high likelihood of another earnings beat [8] - The Earnings ESP metric is based on the Most Accurate Estimate compared to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]