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California Water Service Group (CWT) Earnings Date, Estimates & Call Transcripts

$54.24
-0.30 (-0.55%)
(As of 08/21/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 24Estimated
Actual EPS
(Aug. 1)
$0.70 Beat By $0.28
Consensus EPS
(Aug. 1)
$0.42
Skip Charts & View Estimated and Actual Earnings Data

CWT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CWT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

California Water Service Group Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$0.20$0.20$0.20
Q2 20241$0.40$0.40$0.40
Q3 20241$1.08$1.08$1.08
Q4 20241$0.37$0.37$0.37
FY 20244$2.05$2.05$2.05
Q1 20251$0.17$0.17$0.17
Q2 20251$0.43$0.43$0.43
Q3 20251$1.08$1.08$1.08
Q4 20251$0.67$0.67$0.67
FY 20254$2.35$2.35$2.35
Q1 20261$0.17$0.17$0.17
Q2 20261$0.39$0.39$0.39

CWT Earnings Date and Information

California Water Service Group last released its earnings data on August 1st, 2024. The utilities provider reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.28. The company earned $244.30 million during the quarter, compared to analyst estimates of $216.25 million. Its revenue for the quarter was up 25.9% compared to the same quarter last year. California Water Service Group has generated $2.50 earnings per share over the last year ($2.50 diluted earnings per share) and currently has a price-to-earnings ratio of 21.7. Earnings for California Water Service Group are expected to decrease by -24.44% in the coming year, from $3.15 to $2.38 per share. California Water Service Group has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 24th, 2024 based off prior year's report dates.

California Water Service Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/24/2024
(Estimated)
------- 
8/1/2024Q2 2024$0.42$0.70+$0.28$0.70$216.25 million$244.30 million        
4/25/2024Q1 2024$0.21$1.21+$1.00$1.21$183.85 million$270.75 million        
2/29/2024Q4 2023$1.50$0.52($0.98)$0.52$269.41 million$214.50 million        
10/26/2023Q3 2023$0.54$0.60+$0.06$0.60$235.23 million$254.98 million    
7/27/2023Q2 2023$0.91$0.17($0.74)$0.17$232.50 million$194.04 million    
4/27/2023Q1 2023$0.08($0.40)($0.48)($0.40)$179.94 million$131.10 million    
3/2/2023Q4 2022$0.22$0.35+$0.13$0.35$180.14 million$200.94 million        
10/27/2022Q3 2022$1.16$1.03($0.13)$1.03$255.00 million$266.31 million    
7/28/2022Q2 2022$0.60$0.36($0.24)$0.36$223.00 million$206.19 million          
4/28/2022Q1 2022$0.05$0.02($0.03)$0.02$154.00 million$172.99 million        
2/24/2022Q4 2021$0.20$0.07($0.13)$0.07$197.00 million$173.33 million    
10/28/2021Q3 2021$0.79$1.20+$0.41$1.20$252.00 million$256.72 million    
7/29/2021Q2 2021$0.37$0.75+$0.38$0.75$187.00 million$213.12 million    
4/29/2021Q1 2021($0.03)($0.06)($0.03)($0.06)$131.00 million$147.74 million    
2/25/2021Q4 2020$0.35$0.31($0.04)$0.31$184.00 million$189.15 million  
11/11/2020Q3 2020$1.11$1.94+$0.83$1.94$286.61 million$304.10 million    
7/30/2020Q2 2020$0.59$0.11($0.48)$0.11$228.74 million$175.48 million    
4/30/2020Q1 2020$0.02($0.42)($0.44)($0.42)$69.33 million$125.56 million    
2/27/2020Q4 2019$0.33$0.24($0.09)$0.24$176.54 million$176.90 million    
10/31/2019Q3 2019$0.79$0.88+$0.09$0.88$224.50 million$232.50 million    

California Water Service Group Earnings - Frequently Asked Questions

When is California Water Service Group's earnings date?

California Water Service Group has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 24th, 2024 based off last year's report dates. Learn more on CWT's earnings history.

Did California Water Service Group beat their earnings estimates last quarter?

In the previous quarter, California Water Service Group (NYSE:CWT) reported $0.70 earnings per share (EPS) to beat the analysts' consensus estimate of $0.42 by $0.28. Learn more on analysts' earnings estimate vs. CWT's actual earnings.

How can I listen to California Water Service Group's earnings conference call?

The conference call for California Water Service Group's latest earnings report can be listened to online. Listen to Conference Call

How can I read California Water Service Group's conference call transcript?

The conference call transcript for California Water Service Group's latest earnings report can be read online. Read Transcript

How much revenue does California Water Service Group generate each year?

California Water Service Group (NYSE:CWT) has a recorded annual revenue of $984.54 million.

How much profit does California Water Service Group generate each year?

California Water Service Group (NYSE:CWT) has a recorded net income of $51.91 million. CWT has generated $2.50 earnings per share over the last four quarters.

What is California Water Service Group's price-to-earnings ratio?

California Water Service Group (NYSE:CWT) has a trailing price-to-earnings ratio of 21.70 and a forward price-to-earnings ratio of 17.22.

What is California Water Service Group's EPS forecast for next year?

California Water Service Group's earnings are expected to decrease from $3.15 per share to $2.38 per share in the next year, which is a -24.44% change.


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This page (NYSE:CWT) was last updated on 8/22/2024 by MarketBeat.com Staff

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