{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-084563","form_type":"8-K","ticker":"CWT","cik":"0001035201","company_name":"CALIFORNIA WATER SERVICE GROUP","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.943414+00:00","generated_at":"2026-06-12T23:35:42.667103+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cal Water Q2 net income down 51% to $9.6M; $0.17 EPS vs $0.36; GRC delay cuts revenue by $19M-$29M","bullets":["Diluted EPS $0.17 vs $0.36 YoY; net income $9.6M vs $19.5M; revenue $194M (-5.9%).","CPUC delay on 2021 GRC caused estimated $19M-$29M operating revenue understatement in Q2.","Cost of capital decision raises ROE to 9.57% effective July 31; capital structure 53.4% equity/46.6% debt.","Capital investments $177.2M YTD (+22.5%); ATM program raised $112.7M YTD.","Quarterly dividend $0.26/share declared; 313th consecutive; Monterey Water acquisition approved."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-084563","json":"https://secwatch.observer/filing/0001104659-23-084563.json","markdown":"https://secwatch.observer/filing/0001104659-23-084563.md","text":"https://secwatch.observer/filing/0001104659-23-084563.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035201/000110465923084563/0001104659-23-084563-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035201/000110465923084563/tm2322217d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:35:42.667103+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"45f8bff4610f4cb935b2eee5a6527fafa8dea3a2","claim":"CALIFORNIA WATER SERVICE GROUP reported the six-month period ended June 30, 2023 results: revenue $325.1 million, net income $12.7 million, EPS $0.23 loss per diluted common share.","evidence_excerpt":"million and $63.0 million, which is based on the current positions of the parties to the 2021 GRC Filing and consumption driven regulatory mechanisms. Operating revenue was $325.1 million for the six-month period ended June 30, 2023, compared","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035201/000110465923084563/0001104659-23-084563-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six-month period ended June 30, 2023"},{"label":"Revenue","value":"$325.1 million"},{"label":"Net income","value":"$12.7 million"},{"label":"EPS","value":"$0.23 loss per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d1c84535f2d721f97209589427bc4d3c0390de42","claim":"CALIFORNIA WATER SERVICE GROUP reported the quarter ended June 30, 2023 results: revenue $194.0 million, net income $9.6 million, EPS $0.17.","evidence_excerpt":"once approved, will be retroactive to January 1, 2023, and a cumulative adjustment will be recorded in the quarter in which final approval is received. Operating revenue was $194.0 million for the quarter ended June 30, 2023, compared to $206.2 million for the same period in 2022. The $12.2 million, or 5.9%, revenue decrease was primarily due to a $7.1 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035201/000110465923084563/0001104659-23-084563-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$194.0 million"},{"label":"Net income","value":"$9.6 million"},{"label":"EPS","value":"$0.17"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}