secwatch.observer — SEC 8-K summary
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Issuer:     CALIFORNIA WATER SERVICE GROUP (CWT)
CIK:        0001035201
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001104659-24-029152
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

California Water Service Group reports 2023 EPS $0.91, down 48.4% YoY; regulatory delay persists
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- Net income $51.9M, diluted EPS $0.91 vs $1.77 in 2022 (down 48.4%).
- Operating revenue $794.6M, down 6.1% YoY; WRAM/MCBA revenue decreased $66.9M.
- Capital investments $383.7M in 2023, up 17.1% YoY.
- Quarterly dividend increased 7.7% to $0.28/share (316th consecutive).
- CPUC delay on 2021 GRC continues; PD and APD issued Jan 24, 2024; final decision uncertain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035201/000110465924029152/0001104659-24-029152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035201/000110465924029152/tm247590d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-029152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer