NYSE:CWTWater Utilities
California Water Service Group (CWT) Is Down 7.5% After Profit Slump Despite Higher Sales And Dividend Reaffirmation - What's Changed
California Water Service Group has already reported first-quarter 2026 results, with sales rising to US$214.57 million from US$203.97 million a year earlier, while net income fell to US$4.04 million from US$13.33 million and diluted EPS from continuing operations declined to US$0.07 from US$0.22.
Alongside this weaker profitability, the company reaffirmed a quarterly dividend of US$0.3350 per share, signaling an ongoing commitment to returning cash to shareholders despite near-term earnings...