# California Water Service (CWT) — Earnings

CWT · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/cwt/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.93 |
| EPS estimate | $0.80 |
| EPS surprise | +16.25% |
| Revenue surprise | +8.85% |
| Revenue | $308.6M |
| Revenue estimate | $283.5M |
| Reported | Jul 30, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1035201/000162828026050990/cwt-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/686efb01-8cc1-80bf-5aec-e81fceb47347.html) |

California Water Service reported Q2 2026 results on July 30, 2026. Earnings per share were $0.93, ahead of the $0.80 estimate by 16.25%. Revenue was $308.6 million against a $283.5 million consensus. Compared with Q2 2025, EPS rose about 31% from $0.71 and revenue rose about 16.5% from $265.0 million.

Results have been uneven. Annual EPS was $1.76 in 2022, fell to $0.89 in 2023, jumped to $3.27 in 2024 and eased to $2.15 in 2025. Q1 2023 was the only loss in the table, at −$0.40 per share, and Q1 2024 set the high at $1.21. Q3 is usually a strong quarter, with EPS of $1.03 or more in four of the last five years, and Q3 2025 revenue of $311.2 million is the highest in the table. The first half of 2026 adds up to $1.00 per share, about 7.5% more than the $0.93 of the first half of 2025. The company beat the EPS estimate in 9 of 20 quarters and missed in 11.

California Water Service reported Q3 results between October 26 and October 31 in each of the past five years. That points to late October 2026 for the next report.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 30, 2026 | $0.80 | $0.93 | 16.25% | $283.5M | $308.6M |
| Q1 2026 | Apr 30, 2026 | $0.22 | $0.07 | -67.96% | $210.3M | $214.6M |
| Q4 2025 | Feb 25, 2026 | $0.36 | $0.19 | -47.02% | $239.1M | $220.0M |
| Q3 2025 | Oct 30, 2025 | $0.95 | $1.03 | 8.14% | $321.3M | $311.2M |
| Q2 2025 | Jul 31, 2025 | $0.56 | $0.71 | 26.79% | $243.5M | $265.0M |
| Q1 2025 | May 1, 2025 | $0.15 | $0.22 | 50.68% | $215.4M | $204.0M |
| Q4 2024 | Feb 27, 2025 | $0.24 | $0.33 | 36.48% | $216.4M | $222.2M |
| Q3 2024 | Oct 31, 2024 | $1.05 | $1.03 | -1.60% | $289.6M | $299.6M |
| Q2 2024 | Aug 1, 2024 | $0.53 | $0.70 | 31.26% | $216.3M | $244.3M |
| Q1 2024 | Apr 25, 2024 | $0.13 | $1.21 | 807.73% | $183.8M | $270.7M |
| Q4 2023 | Feb 29, 2024 | $1.53 | $0.52 | -66.10% | $273.6M | $214.5M |
| Q3 2023 | Oct 26, 2023 | $0.74 | $0.60 | -18.37% | $269.8M | $255.0M |
| Q2 2023 | Jul 27, 2023 | $0.50 | $0.17 | -65.83% | $233.4M | $194.0M |
| Q1 2023 | Apr 28, 2023 | −$0.00 | −$0.40 | -12021.21% | $183.9M | $131.1M |
| Q4 2022 | Mar 1, 2023 | $0.31 | $0.35 | 14.27% | $199.1M | $200.9M |
| Q3 2022 | Oct 27, 2022 | $1.10 | $1.03 | -6.15% | $255.0M | $266.3M |
| Q2 2022 | Jul 28, 2022 | $0.56 | $0.36 | -35.71% | $223.0M | $206.2M |
| Q1 2022 | Apr 28, 2022 | $0.03 | $0.02 | -39.94% | $158.3M | $173.0M |
| Q4 2021 | Feb 24, 2022 | $0.17 | $0.07 | -59.61% | $197.0M | $173.3M |
| Q3 2021 | Oct 28, 2021 | $0.86 | $1.20 | 38.78% | $334.8M | $256.7M |

## Frequently Asked Questions

### When did California Water Service (CWT) last report earnings?

California Water Service last reported on Jul 30, 2026, covering fiscal Q2 2026.

### Did CWT beat earnings estimates?

Yes. California Water Service reported EPS of $0.93 for Q2 2026 against a $0.80 estimate — a 16.25% beat.

### How much revenue did CWT report last quarter?

California Water Service reported $308.6M in revenue for Q2 2026, against a consensus estimate of $283.5M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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