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California Water Service (CWT)
NYSE:CWT
Earnings Data
Report Date
Feb 26, 2026Before Open (Confirmed)
Period Ending
2025 (Q4)Consensus EPS Forecast
0.35Last Year’s EPS
0.33Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call presented a strong financial performance in a challenging rate case cycle, with significant infrastructure investments and successful debt refinancing. Growth in Texas and substantial PFAS settlement recoveries further add to the positive outlook. However, potential delays in the California rate case decision and a year-to-date revenue decrease offset some of the positive aspects.Company Guidance
Strong Financial Performance in Challenging Environment
California Water Service Group reported a Q3 2025 revenue increase of $11.6 million or 3.9% compared to Q3 2024, reaching $311.2 million. Despite being in the third year of a rate case, net income remained consistent at $61.2 million or $1.03 per diluted share.
Significant Infrastructure Investments
The company invested $135 million in water infrastructure during the quarter, marking a 14.8% increase over Q3 2024, and a 10% increase year-to-date over 2024.
Successful Refinancing of Debt
Refinanced short-term borrowings with $370 million of long-term notes and bonds, significantly oversubscribed, helping to minimize credit spreads.
Growth in Texas Market
Added 1,100 new connections year-to-date, with 15,500 committed but not connected customers in Texas, highlighting strong growth potential in the South Austin, San Antonio region.
PFAS Settlement Proceeds
Received an additional $24 million in net PFAS settlement proceeds during the quarter, bringing the year-to-date total to about $35 million, directly offsetting customer costs.
Dividend Increase
Declared the 323rd consecutive quarterly dividend of $0.30 per share, representing a 10.71% increase for 2025 and a 7.7% 5-year compound annual growth rate.
CWT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CWT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Oct 30, 2025 | $47.45 | $45.19 | -4.76% |
Jul 31, 2025 | $44.60 | $45.18 | +1.30% |
May 01, 2025 | $50.01 | $49.59 | -0.84% |
Feb 27, 2025 | $45.38 | $44.40 | -2.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does California Water Service (CWT) report earnings?
California Water Service (CWT) is schdueled to report earning on Feb 26, 2026, Before Open (Confirmed).
What is California Water Service (CWT) earnings time?
California Water Service (CWT) earnings time is at Feb 26, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CWT EPS forecast?
CWT EPS forecast for the fiscal quarter 2025 (Q4) is 0.35.