California Water Service Group Announces Third Quarter 2019 Earnings and Equity Program
California Water Service Group (CWT)
Last california water service group earnings: 4/30 09:00 am
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US:NYSE Investor Relations:
ir.calwatergroup.com
Company Research
Source: GlobeNewswire
SAN JOSE, Calif., Oct. 31, 2019 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced net income of $42.4 million or $0.88 earnings per diluted common share for the third quarter of 2019, compared to net income of $36.2 million or $0.75 earnings per diluted common share for the third quarter of 2018. In addition, the Company announced the initiation of a $300 million three-year at-the-market equity sales program. According to President and Chief Executive Officer Martin A. Kropelnicki, the activity in the quarter is indicative of the Company’s long-term strategy. “Our third quarter results reflect continued execution on our plans and budget. We were pleased to reach the previously announced settlement with the Public Advocates Office on the bulk of our California infrastructure plans through 2021. We are embarking on a market equity program over the next three years to support these investments and maintain a balanced capital structure.” “In addition, our
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News
- California Water Service Awards More Than $175,000 in Grants to Seven Fire Departments [Yahoo! Finance]Yahoo! Finance
- California Water Service Awards More Than $175,000 in Grants to Seven Fire DepartmentsGlobeNewswire
- California Water Service Group: Poor Performance (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- California Water Service Group (NYSE: CWT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- California Water Service Group (NYSE: CWT) is now covered by analysts at Bank of America Co.. They set a "buy" rating and a $57.00 price target on the stock.MarketBeat
CWT
Earnings
- 10/31/24 - Miss
CWT
Sec Filings
- 12/11/24 - Form 4
- 12/10/24 - Form 4
- 12/10/24 - Form 4
- CWT's page on the SEC website