California Water Share: What’s Going On Now?

California Water Service (NYSE: CWT) reported its third quarter results on Thursday, October 28, 2021 at 9:00 a.m. Here’s what investors need to know about the announcement.

Result

California Water Service outperformed earnings estimates by 39.53% and reported EPS of $ 1.2 versus an estimate of $ 0.86, surprising analysts. Revenue increased $ 47,385,000 compared to the same period last year.

Past earnings development

For the last quarter, the company surpassed earnings per share by $ 0.32, causing the stock price to fall 0.1% the next day. Here’s a look at California Water Service’s performance so far:

quarterQ2 2021Q1 2021Q4 2020Q3 2020
EPS estimate0.43-0.020.501.11
Actual EPS0.75-0.060.311.94
Estimated earnings202.09M69.67M172.91M286.60M
Actual earnings213.12M147.74M189.15M304.11M

Should California Water Service Investors Sell Right Now? Or is it worth getting started?

How will California Water Service develop now? Is your money safe in this stock? Find the answers to these questions and why you need to act now in the latest California Water Service stock analysis.