California Water Service (CWT) Tops Q3 EPS by 9c
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California Water Service Group Announces Third Quarter 2019 Earnings and Equity Program
October 31, 2019 9:15 AM EDTSAN JOSE, Calif., Oct. 31, 2019 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced net income of $42.4 million or $0.88 earnings per diluted common share for the third quarter of 2019, compared to net income of $36.2 million or $0.75 earnings per diluted common share for the third quarter of 2018. In addition, the Company announced the initiation of a $300 million three-year at-the-market equity sales program.
According to President and Chief Executive Officer Martin A. Kropelnicki, the activity in the quarter is indicative of the Companys long-term strategy.
Our third quarter results reflect continued... More
