SAN JOSE, Calif., Feb. 27, 2020 -- California Water Service Group (NYSE: CWT) (the “Company”) today announced net income of $63.1 million and diluted earnings per share of.
California Water Service Group (CWT) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
California Water Service Group (CWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SAN JOSE, Calif., April 30, 2020 -- California Water Service Group (NYSE: CWT) (the “Company”) today announced a net loss of $20.3 million or $0.42 net loss per diluted common.
At its meeting today, the California Water Service Group (CWT) Board of Directors declared the company's 301st consecutive quarterly dividend in the amount of $0.2125 per common share. California Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, Inc., CWS Utility Services, and HWS Utility Services.
In an effort to keep its customers safe during the novel coronavirus (COVID-19) pandemic, California Water Service Group (Group) (CWT) and its subsidiaries in California, Hawaii, New Mexico, and Washington have temporarily suspended water service shutoffs for customers unable to make utility bill payments until further notice. This decision was approved at Group’s internal task force meeting regarding COVID-19 today.
California Water Service Group (CWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
California Water's (CWT) acquisition of Rainier View Water will add more than 35,000 customers.
Q4 2019 California Water Service Group Earnings Call
SAN JOSE, Calif. , April 09, 2020 -- California Water Service Group (NYSE: CWT) today announced that its first quarter 2020 earnings results will be released at 9:00 a.m. ET.
California Water Service Group (Group) (CWT) announced today that its California subsidiary, California Water Service (Cal Water), has requested that the California Public Utilities Commission (CPUC) delay upcoming rate changes due to the current COVID-19 pandemic, and has committed to deferring other bill increases during 2020. In a motion filed Tuesday, April 28, 2020 in its 2018 General Rate Case, Cal Water recognized the impact the current crisis may be having on its customers.
California Water Service Group (Group) (CWT) announced today that its Washington subsidiary closed an acquisition and that its New Mexico subsidiary has entered into a purchase agreement. Washington Water Service (Washington Water) closed its purchase of the Greenwood Estates water system on March 31, with approval by the Washington Utilities and Transportation Commission.
Because of this, the company strongly advises all current shareholders as well as interested parties to carefully read and understand the company's disclosures on risk and uncertainties found in our Form 10-K Form 10-Q, press releases and other reports filed from time to time with the Securities and Exchange Commission. The other things that are affecting the quarter, the other one other large one is that our benefit plan investments.
Shawn McCarty and his sixth-grade students from Hoover Elementary in Stockton, Calif., gathered on a video conference Friday afternoon thinking they would be helping Principal Dr. Charleen Mah pilot a new distance-learning model. Instead, McCarty and his students learned that their project on recycling and water collection won first place in the 2020 Cal Water H2O Challenge, and they received the grand prize of a $3,500 classroom grant, $1,000 scholarship for each student, and $100 gift card per student to help support the local economy. In collaboration with California Water Service, the North American Association for Environmental Education (NAAEE), and DoGoodery, the Cal Water H2O Challenge (challenge.calwater.com) is an annual classroom competition for grades 4-6 in schools served by Cal Water.
Q1 2020 California Water Service Group Earnings Call
California Water Service Group (CWT) delivered earnings and revenue surprises of -27.27% and 3.23%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Washington Water Service (Washington Water), a subsidiary of California Water Service Group (CWT), has received approval from the Washington Utilities and Transportation Commission to acquire Rainier View Water Company’s (Rainier View Water) water system assets and provide water utility service to its 18,000 service connections. Washington Water has been working with Rainier View Water’s current employees over recent months to complete due diligence and ensure a seamless transition for its customers and employees.
California Water (CWT) is expanding its customer base through continuous acquisitions.
As part of its promise to provide quality, service, and value to its communities, California Water Service Group invested $273.8 million in water system infrastructure in its service areas in 2019. “We take our responsibility to deliver safe, reliable, high-quality water utility services to our customers very seriously, and one way we do that is by investing in water system upgrades,” said Martin A. Kropelnicki, President and CEO.
California Water Service Group (CWT) delivered earnings and revenue surprises of -2200.00% and -4.15%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?