Recap: California Water Service Q3 Earnings

California Water Service CWT reported its Q3 earnings results on Thursday, October 28, 2021 at 09:00 AM.

Here's what investors need to know about the announcement.

California Water Service beat their estimated earnings by 39.53%, reporting an EPS of $1.2 versus an estimate of $0.86, which surprised analysts.

Revenue was up $47,385,000 from the same period last year.

Last quarter the company beat on EPS by $0.32, which was followed by a 0.1% drop in the share price the next day.

Here's a look at California Water Service's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.43	-0.02	0.50	1.11
EPS Actual	0.75	-0.06	0.31	1.94
Revenue Estimate	202.09M	69.67M	172.91M	286.60M
Revenue Actual	213.12M	147.74M	189.15M	304.11M

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