earnings
confidence high
sentiment neutral
materiality 0.70
California Water Service Group Q2 net income $42.2M ($0.71 EPS); revenue up 8.5% to $265M
CALIFORNIA WATER SERVICE GROUP
2025-Q2 EPS reported
$0.93
revenue$438,917,000
- Q2 2025 net income $42.2M ($0.71 diluted EPS) vs Q2 2024 $40.6M ($0.70 EPS), up 3.9%.
- Revenue increased 8.5% to $265.0M, driven by rate changes ($23.9M) and higher usage (5.0%).
- YTD 2025 net income $55.5M ($0.93 EPS) vs YTD 2024 $110.5M ($1.90); non-GAAP YTD net income up 19.4%.
- Received $10.6M net first installment of PFAS litigation settlement proceeds.
- 322nd consecutive quarterly dividend declared at $0.30 per share; S&P A+/ Stable affirmed.