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California Water Service Group (CWT) Q2 Earnings and Revenues Top Estimates

California Water Service Group (CWT) came out with quarterly earnings of 0.71pershare,beatingtheZacksConsensusEstimateof0.71 per share, beating the Zacks Consensus Estimate of 0.46 per share. This compares to earnings of 0.7pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+54.350.7 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +54.35%. A quarter ago, it was expected that this water utility would post earnings of 0.16 per share when it actually produced earnings of $0.22, delivering a surprise of +37.5%.Over the last four qu ...