California Water Service Group (CWT) Beats Q1 Earnings and Revenue Estimates

California Water Service Group (CWT) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of$ 0.16 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this water utility would post earnings of$ 0.15 per share when it actually produced earnings of $0.33, delivering a surprise of 120%.Over the last four quar ...