California Water Service Group Holding Bottom Line Climbs In Q3

(RTTNews) - California Water Service Group Holding (CWT) announced earnings for its third quarter that climbed from the same period last year.

The company's bottom line totaled $34.39 million, or $0.72 per share. This compares with $33.85 million, or $0.70 per share, in last year's third quarter.

Analysts had expected the company to earn $0.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.4% to $218.98 million from $211.73 million last year.

California Water Service Group Holding earnings at a glance:

-Earnings (Q3): $34.39 Mln. vs. $33.85 Mln. last year. -EPS (Q3): $0.72 vs. $0.70 last year. -Analysts Estimate: $0.72 -Revenue (Q3): $218.98 Mln vs. $211.73 Mln last year.