California Water Service (CWT) Misses Q3 EPS by 5c
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California Water Service Group Announces Third Quarter and Year to Date 2016 Results
October 27, 2016 9:02 AM EDTSAN JOSE, CA -- (Marketwired) -- 10/27/16 -- California Water Service Group (NYSE: CWT) today announced 2016 third quarter net income of $22.9 million or $0.48 per diluted common share, compared to net income of $25.1 million or $0.52 per diluted common share for the same period last year.
The $2.2 million decrease was primarily attributed to a write-off of $3.2 million of capital costs that are not expected to be recovered as part of the California general rate case (GRC) settlement the company filed on September 2, a decrease in accrued unbilled revenue, an increase in depreciation & amortization, and an... More
California Water Service Group Board of Directors Declares 287th Consecutive Quarterly Dividend
October 26, 2016 4:15 PM EDTSAN JOSE, CA -- (Marketwired) -- 10/26/16 -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 287th consecutive quarterly dividend in the amount of $0.1725 per common share. It will be payable on November 18, 2016, to stockholders of record on November 7, 2016.
California Water Service Group is the parent company of California Water Service, Washington Water Service Company, New Mexico Water Service Company, Hawaii Water Service Company, Inc., CWS Utility Services, and HWS Utility Services. Together these companies provide regulated and non-regulated water service to nearly 2 million people in... More
