California Water (CWT) Q2 Earnings & Revenues Beat Estimates
CWTCalifornia Water Service(CWT) ZACKS·2024-08-02 22:26

California Water Service Group (CWT) recorded second-quarter 2024 adjusted earnings of 70 cents per share, which surpassed the Zacks Consensus Estimate of 39 cents by 79.5%. The bottom line also increased from the year-ago quarter’s figure of 17 cents.Total RevenuesOperating revenues totaled 244.3million,whichsurpassedtheZacksConsensusEstimateof244.3 million, which surpassed the Zacks Consensus Estimate of 200 million by 22%. The top line also increased 25.9% from $194 million recorded in the prior-year quarter. The quarterly results continued to benefit fro ...