California Water Service reports Q1 adjusted EPS 22c vs 7c last year

Reports Q1 revenue $203.973M, consensus $215.44M. Chairman and Chief Executive Officer Martin A. Kropelnicki commented, “We are pleased with our strong start to 2025, which reflects our ongoing commitment to operating efficiently while continuing to deliver safe, reliable water service to our customers. As we progress through the year, we remain focused on achieving a timely and constructive resolution to our 2024 California GRC, which is critical to supporting infrastructure investment and long-term service reliability. From a macroeconomic standpoint, we believe our consistent performance, predictable results through rate base growth, and strong dividend program offer an attractive value proposition to drive long-term shareholder value.”