California Water Service Q4 Earnings Disappoint Investors
Thursday, 29 February 2024, 20:31
California Water Service Q4 Earnings Update
California Water Service (CWT) has released its Q4 earnings report, showcasing a shortfall in performance compared to expectations.
Earnings and Revenue Miss
The company's GAAP EPS of $0.52 missed estimates by $1.01, while its revenue of $214.51M fell short by $59.1M.
This unexpected outcome has raised concerns among investors and analysts, prompting a closer examination of the company's financial strategies and future prospects.
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