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York Water Has Raised Its Dividend for 13 Years and the Streak Looks Secure
247Wallst· 2025-12-15 12:08
Core Points - York Water declared a quarterly dividend of $0.228 per share in November 2025, representing a 4.0% increase from the prior year [1] - The company has maintained a dividend payment streak that extends over a decade [1]
Thames Water returns to profit thanks to soaring household bills
Yahoo Finance· 2025-12-03 09:45
Thames Water’s financial performance has improved since making a loss of £149m over six months last year - Hollie Adams/Bloomberg Higher household bills have helped Thames Water return to profit, even as the struggling utility giant saw its debt pile grow to £17.6bn. Britain’s biggest water supplier posted profits of £414m in the six months to September, compared to losses of £149m over the same period last year. This swing stemmed from revenues rising by 42pc to hit £1.9bn in the first half of the year, ...
California Water Service Group (CWT) Q3 Earnings Lag Estimates
ZACKS· 2025-10-30 15:11
Core Insights - California Water Service Group (CWT) reported quarterly earnings of $1.03 per share, missing the Zacks Consensus Estimate of $1.20 per share, representing an earnings surprise of -14.17% [1] - The company posted revenues of $311.24 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.36% and showing an increase from $299.56 million year-over-year [2] - The stock has added about 4.7% since the beginning of the year, underperforming the S&P 500's gain of 17.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.38 on revenues of $235.2 million, and for the current fiscal year, it is $2.41 on revenues of $1.01 billion [7] - The estimate revisions trend for California Water Service Group was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Utility - Water Supply industry is currently in the top 17% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [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]
California Water Service Group (CWT) Q2 Earnings and Revenues Top Estimates
ZACKS· 2025-07-31 15:11
Core Insights - California Water Service Group (CWT) reported quarterly earnings of $0.71 per share, exceeding the Zacks Consensus Estimate of $0.46 per share, and showing a year-over-year increase from $0.70 per share [1] - The company achieved revenues of $264.95 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 17.30% and increasing from $244.3 million a year ago [2] - The stock has underperformed the market, losing about 1% since the beginning of the year compared to the S&P 500's gain of 8.2% [3] Earnings Performance - The earnings surprise for the recent quarter was +54.35%, and the company has surpassed consensus EPS estimates three times over the last four quarters [1][2] - The earnings outlook for the upcoming quarters includes a consensus EPS estimate of $1.18 on revenues of $298.59 million for the next quarter and $2.32 on revenues of $961.23 million for the current fiscal year [7] Industry Context - The Utility - Water Supply industry is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [5][6]
American Water Q1 Earnings Top Estimates on Effective New Rates
ZACKS· 2025-05-01 16:00
Core Viewpoint - American Water Works Company (AWK) reported strong first-quarter 2025 results, with operating earnings per share (EPS) of $1.05, exceeding estimates and showing a year-over-year improvement of 10.5% from $0.95 [1] Financial Performance - Total revenues for the quarter reached $1.14 billion, surpassing the Zacks Consensus Estimate of $1.02 billion by 11% and increasing 12.9% from $1.01 billion in the previous year [2] - Operating expenses totaled $771 million, up 12.6% from $685 million a year ago, primarily due to increased operating and maintenance costs [4] - Operating income was reported at $371 million, reflecting a 13.8% increase from $326 million in the prior year [4] Segment Performance - Net revenues from regulated businesses were $1.04 billion, marking a 13% year-over-year increase [3] - Other net revenues amounted to $93 million, up 12% year over year [3] Growth Initiatives - The company added 2,150 customers through three completed acquisitions as of April 30, 2025, with 18 pending acquisitions expected to add 37,400 customers [5] - New rates effective January 1, 2025, are projected to increase revenues by $161 million for the full year, with potential additional revenue of $384 million from pending rate cases [5] Financial Position - Cash and cash equivalents stood at $114 million as of March 31, 2025, compared to $96 million at the end of 2024 [6] - Total long-term debt increased to $13.32 billion, up 6.4% from $12.51 billion at the end of 2024 [6] - Cash flow from operating activities was $331 million, down from $382 million in the same period last year [6] Long-Term Guidance - AWK reiterated its 2025 EPS guidance of $5.65-$5.75, with a Zacks Consensus Estimate of $5.72 [7] - The company aims for long-term earnings and dividend growth in the range of 7-9% and plans to invest approximately $3.3 billion in 2025 [7] - Capital expenditure is projected to be between $17-$18 billion for 2025-2029 and $40-$42 billion for 2025-2034 [8]