California Water Service: Q1 Earnings Insights

 

California Water Service CWT reported its Q1 earnings results on Thursday, April 28, 2022 at 09:00 AM.

Here's what investors need to know about the announcement.

Earnings

California Water Service missed estimated earnings by 33.33%, reporting an EPS of $0.02 versus an estimate of $0.03.

Revenue was up $25.26 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 1.57% drop in the share price the next day.

Here's a look at California Water Service's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.17 0.86 0.43 -0.02
EPS Actual 0.07 1.20 0.75 -0.06
Revenue Estimate 197.00M 334.83M 202.09M 69.67M
Revenue Actual 173.33M 256.72M 213.12M 147.74M

To track all earnings releases for California Water Service visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews