California Water Service (NYSE: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.
