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California Water Service reports Q1 EPS $1.21, consensus 50c
The Fly

California Water Service reports Q1 EPS $1.21, consensus 50c

Reports Q1 revenue $270.75M vs $131.1M last year. “After significant delay, we received a decision that provides customer and shareholder benefits from new regulatory mechanisms and a progressive rate design that benefits low-income customers and promotes water conservation. More importantly, it authorizes infrastructure improvements needed to provide safe, reliable water service to our customers,” Chairman and Chief Executive Officer Martin Kropelnicki said.

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