财务表现 - 2023年全年净利润为5190万美元，每股摊薄收益为0.91美元，较2022年净利润9600万美元和每股摊薄收益1.77美元有所下降[1] - 2023年营业收入为7.946亿美元，较2022年的8.464亿美元下降，主要由于水收入调整机制和成本平衡账户收入减少，客户用水量减少，递延收入增加导致[5] - 2023年水生产成本增加320万美元，主要是由于购买电力和泵税的费用增加[6] - 2023年管理和一般费用增加950万美元，主要是由于员工工资和员工福利成本增加[7] - 2023年其他运营费用减少370万美元，主要是由于与递延收入增加相关的成本减少[8] - 2023年折旧和摊销费用增加660万美元，主要是由于2022年投入使用的公用事业设施[9] - 2023年所得税收益增加1850万美元，主要是由于2021年GRC的监管批准延迟导致的税前营业收入减少[10] - 2023年净其他收入增加1210万美元，主要是由于非合格福利计划投资的未实现收益增加[12] - 2023年净利息支出增加550万美元，主要是由于短期借款利率上升和短期信贷额度增加[13] 财务状况 - 2023年12月31日的资产总额为4595533千美元[34] - 2023年12月31日的净营业收入为214512千美元[35] - 2023年12月31日的净利润为29938千美元[35] - 2023年12月31日的每股收益为0.52美元[35] - 2023年12月31日的净利润为51376千美元[36] - 2023年12月31日的每股收益为0.91美元[36]

California Water Service Group (CWT) is scheduled to release fourth-quarter 2023 earnings on Feb 29 before market close. The company delivered a positive earnings surprise of 11.11% in the last quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors at PlayDuring the fourth quarter, California Water is expected to have benefited from new rate implementations in its service territories. Contributions from acquired assets also boosted earnings in the fourth ...

SAN JOSE, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE:CWT) today announced that its 2023 full-year and fourth-quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, February 29, 2024. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 4241548, or you may access the live audio webcast at https:/ ...

SAN JOSE, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2023 full-year and fourth-quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, February 29, 2024. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 4241548, or you may access the live audio webcast at https: ...

SAN JOSE, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE:CWT) contributed $1.56 million in 2023 to charitable organizations and first responders in its communities, just one of the many ways it demonstrates its commitment to enhancing the quality of life for those it serves. Last year, Group allocated 22% of its community giving efforts to support at-risk, underserved, and disadvantaged communities. An additional 22% went to community improvement efforts across the ut ...

A downtrend has been apparent in California Water Service Group (CWT) lately with too much selling pressure. The stock has declined 12.5% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical ...

CPUC提案决定 - 加利福尼亚公用事业委员会（CPUC）发布了对加利福尼亚水务公司（Cal Water）2021年普通费率案的提案决定[1] - Cal Water正在审查提案决定和备选提案决定[2] - 参与普通费率案的各方可以在2024年2月13日前对提案进行评论[3]

公司分红 - 加州水务集团（NYSE:CWT）董事会宣布公司第316个季度连续分红，年度分红增加$0.08，或7.7%，从$1.04增至$1.12[1] 公司业务 - 加州水务集团是受监管的水务公司加州水务、夏威夷水务、新墨西哥水务和华盛顿水务的母公司，以及水务控股公司德克萨斯水务。这些公司共为加州、夏威夷、新墨西哥、华盛顿和德克萨斯的超过210万人提供受监管和非受监管的水务和污水服务[1] 股票交易 - 加州水务集团的普通股在纽约证券交易所以“CWT”为代码交易[1] 前瞻性声明 - 新闻稿中包含了关于未来展望的声明，基于当前可用信息、预期、估计、假设和投影，以及公司管理层对公司、水务行业和一般经济状况的信念、假设、判断和期望。这些声明并非历史事实，而是基于公司认为合理但存在不确定性和风险的众多假设。实际结果可能与前瞻性声明中所含内容有实质性差异[2]

Your next question comes from the line of Angie Storozynski from Seaport. Please go ahead. Agnieszka Storozynski Greg Milleman Okay. And then -- sorry I'm jumping like that. But the filing with the -- the permission to issue a mixture of equity and bonds is it fair to assume that basically equity component is equivalent to the allowed equity ratio? I mean, so basically roughly 53% of that would be equity. Yes that's a good assumption. No. Our overall strategy Angie is to have and keep our payout ratio betwe ...

This presentation contains forward-looking statements within the meaning established by the Private Securities Litigation Reform Act of 1995 ("PSLRA"). The forward-looking statements are intended to qualify under provisions of the federal securities laws for "safe harbor" treatment established by the PSLRA. Forward-looking statements in this presentation are based on currently available information, expectations, estimates, assumptions and projections, and our management's beliefs, assumptions, judgments an ...