Recap: California Water Servs Q2 Earnings

Recap: California Water Servs Q2 Earnings

 

California Water Servs Gr CWT reported its Q2 earnings results on Thursday, July 28, 2022 at 09:00 AM.

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

Earnings

California Water Servs Gr missed estimated earnings by 36.84%, reporting an EPS of $0.36 versus an estimate of $0.57.

Revenue was down $6.93 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 2.72% drop in the share price the next day.

Here's a look at California Water Servs Gr's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.03 0.17 0.86 0.43
EPS Actual 0.02 0.07 1.20 0.75
Revenue Estimate 158.35M 197.00M 334.83M 202.09M
Revenue Actual 172.99M 173.33M 256.72M 213.12M

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

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

Posted In: BZI-RecapsEarningsNews