California Water Service Group: Q4 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — California Water Service Group Holding (CWT) on Thursday reported fourth-quarter earnings of $19.7 million.

On a per-share basis, the San Jose, California-based company said it had profit of 33 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The water utility posted revenue of $222.2 million in the period.

For the year, the company reported profit of $190.8 million, or $3.25 per share. Revenue was reported as $1.04 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CWT at https://www.zacks.com/ap/CWT

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • The Inland Empire Answer
     
    Join Host Jennifer Horn for News and commentary that hits the bullseye for   >>
     
  • SEKULOW
    7:00PM - 8:00PM
     
    Jay Sekulow is a passionate advocate for protecting religious and   >>
     
  • The Mike Gallagher Show
    8:00PM - 11:00PM
     
    Mike Gallagher is one of the most listened-to radio talk show hosts in America.   >>
     
  • The Eric Metaxas Show
    11:00PM - 1:00AM
     
    Eric Metaxas is the host of Salem’s newest daily talk program, a true   >>
     
  • The Larry Elder Show
    1:00AM - 3:00AM
    The Larry Elder Show
    (844) 900-7243
     
    Larry Elder personifies the phrase “We’ve Got a Country to Save” The “Sage from   >>
     

See the Full Program Guide