California Water Service (CWT) Tops Q4 EPS by 4c, Revenues Beat

California Water Service (NYSE: CWT) reported Q4 EPS of $0.32, $0.04 better than the analyst estimate of $0.28. Revenue for the quarter came in at $167.42 million versus the consensus estimate of $163.44 million.

“Beyond our financial results, we focused on delivering quality, service, and value to our customers and communities. We responded to the devastating Mendocino Complex, Woolsey, and Camp Fires; we completed 36 treatment facilities in a 22 month period to meet the new California standard for 1,2,3-trichloropropane (TCP); and we worked side-by-side with community leaders and customers as our Palos Verdes Peninsula Water Reliability Project—the largest water system improvement in our Company’s history—got underway. These are just a few highlights of our performance in 2018,” Kropelnicki said.

For earnings history and earnings-related data on California Water Service (CWT) click here.

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