Core Viewpoint - California Water Service Group (CWT) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1]. Earnings Performance - The company has a solid track record of surpassing earnings estimates, with an average surprise of 78.75% over the last two quarters [2]. - In the most recent quarter, CWT was expected to report earnings of $0.22 per share but instead reported $0.16 per share, resulting in a surprise of 37.50%. In the previous quarter, the consensus estimate was $0.15 per share, while the actual earnings were $0.33 per share, leading to a surprise of 120.00% [3]. Earnings Estimates and Predictions - Recent estimates for California Water Service Group have been trending upward, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [6]. - The current Earnings ESP for the company is +29.50%, suggesting that analysts have recently become more optimistic about its earnings prospects [9]. Zacks Rank and Success Rate - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests that CWT has a high probability of beating consensus estimates, with historical data indicating that nearly 70% of stocks with this combination achieve positive surprises [7][9].

Core Viewpoint - Essential Utilities (WTRG) has consistently beaten earnings estimates and is well-positioned for future earnings growth, particularly with its upcoming quarterly report expected on May 12, 2025 [1][8]. Earnings Performance - In the most recent quarter, Essential Utilities reported earnings of $0.67 per share, surpassing the expected $0.66 per share, resulting in a surprise of 1.52% [2]. - For the previous quarter, the company reported $0.25 per share against an expectation of $0.23 per share, achieving a surprise of 8.70% [2]. Earnings Estimates and Predictions - Estimates for Essential Utilities have been trending higher, influenced by its history of earnings surprises [5]. - The company currently has a positive Earnings ESP (Expected Surprise Prediction) of +0.63%, indicating increased analyst optimism regarding its 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]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]. - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [9]. Importance of Earnings ESP - Companies that beat consensus EPS estimates may not always see their stock prices rise, while some may maintain their value even after missing estimates [10]. - Utilizing the Earnings ESP Filter can help identify the best stocks to buy or sell prior to earnings reports [10].

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]