NYSE$CWT
California Water Service Group · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Announced first quarter 2020 results, with a net loss primarily due to the lack of resolution of the California General Rate Case.
California Water Service Group reported a net loss of $20.3 million, or $0.42 net loss per diluted common share, for the first quarter of 2020, compared to a net loss of $7.6 million, or $0.16 net loss per diluted common share, for the first quarter of 2019. The increase in net loss was primarily due to the lack of resolution of the California General Rate Case.
- Net loss was $20.3 million, or $0.42 net loss per diluted common share, compared to a net loss of $7.6 million, or $0.16 net loss per diluted common share for the first quarter of 2019.
- Total revenue decreased slightly to $125.6 million compared to $126.1 million in the first quarter of 2019.
- Total operating expenses increased $6.9 million, or 5.5%, to $132.5 million.
- Company-funded and developer-funded capital investments were $65.3 million, an increase of $5.4 million, or 9.0%.
Headline financials
Revenue & EPS history
Cal Water · Revenue · Quarterly
$135M
Forward guidance
The Company expects that the difference in interim and approved rates will be collected through customer surcharges over 12 months.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
-0.6%
Avg return
Earnings day
-0.0%
Avg return
5 days after
+0.9%
Avg return
30 days after
44%
30 / 68 earnings
Positive
+10.0%
Q3 2020
Best reaction
-10.3%
Q2 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.9% | -5.2% | -0.7% | |
| Q4 2025 | -4.4% | +0.7% | -3.5% | |
| Q3 2025 | -5.2% | -0.9% | -4.4% | |
| Q1 2025 | -0.8% | -1.6% | -6.7% | |
| Q4 2024 | -2.2% | +1.3% | +5.0% | |
| Q3 2024 | -2.2% | -0.4% | -0.2% | |
| Q2 2024 | +3.1% | -0.9% | +3.5% | |
| Q1 2024 | +2.9% | +5.5% | +8.0% | |
| Q4 2023 | -0.8% | -1.2% | +1.2% | |
| Q3 2023 | +4.5% | +5.0% | +10.4% | |
| Q2 2023 | -1.4% | -1.4% | -2.3% | |
| Q1 2023 | -1.6% | -2.1% | +0.2% | |
| Q4 2022 | -0.8% | -2.8% | +1.7% | |
| Q3 2022 | +7.3% | +5.3% | +15.3% | |
| Q2 2022 | +2.9% | +3.7% | +3.9% | |
| Q1 2022 | -0.7% | -1.4% | +2.9% | |
| Q4 2021 | -2.7% | -1.9% | +1.3% | |
| Q3 2021 | +2.4% | +4.7% | +5.9% | |
| Q2 2021 | +1.8% | +4.4% | +2.3% | |
| Q1 2021 | -1.0% | -0.7% | -4.2% | |
| Q4 2020 | -1.6% | -3.4% | +0.4% | |
| Q3 2020 | +10.0% | +15.6% | +7.5% | |
| Q2 2020 | -5.1% | -5.5% | -6.7% | |
| Q1 2020 | -8.4% | -8.2% | -7.0% | |
| Q4 2019 | -8.9% | -2.4% | -8.9% | |
| Q3 2019 | +2.5% | -2.1% | -6.1% | |
| Q2 2019 | +0.4% | -2.1% | +5.7% | |
| Q1 2019 | -0.3% | +0.9% | +1.5% | |
| Q4 2018 | +1.5% | +2.1% | +4.9% | |
| Q3 2018 | +0.1% | +4.5% | +8.9% | |
| Q2 2018 | +0.2% | +0.2% | +0.2% | |
| Q1 2018 | -1.7% | +1.0% | +3.8% | |
| Q4 2017 | -4.1% | -6.7% | -1.8% | |
| Q3 2017 | +3.4% | +0.8% | +5.6% | |
| Q2 2017 | +1.7% | +1.7% | -4.8% | |
| Q1 2017 | -6.8% | -6.5% | -10.1% | |
| Q4 2016 | +4.2% | +3.5% | -1.3% | |
| Q3 2016 | -6.3% | -4.4% | +9.2% | |
| Q2 2016 | +2.0% | +0.4% | -6.2% | |
| Q1 2016 | -0.5% | — | — | |
| Q4 2015 | +1.0% | — | — | |
| Q3 2015 | -4.7% | — | — | |
| Q2 2015 | -10.3% | — | — | |
| Q1 2015 | -4.2% | — | — | |
| Q4 2014 | +3.2% | — | — | |
| Q3 2014 | +1.8% | — | — | |
| Q2 2014 | -0.1% | — | — | |
| Q1 2014 | -1.2% | — | — | |
| Q4 2013 | +1.0% | — | — | |
| Q3 2013 | +4.4% | — | — | |
| Q2 2013 | -0.7% | — | — | |
| Q1 2013 | -4.0% | — | — | |
| Q4 2012 | +0.2% | — | — | |
| Q3 2012 | -3.8% | — | — | |
| Q2 2012 | -1.6% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2011 | -1.7% | — | — | |
| Q3 2011 | -0.3% | — | — | |
| Q2 2011 | -3.1% | — | — | |
| Q1 2010 | -2.1% | — | — | |
| Q1 2011 | +1.0% | — | — | |
| Q4 2010 | +2.9% | — | — | |
| Q4 2008 | +2.9% | — | — | |
| Q3 2009 | -0.9% | — | — | |
| Q3 2010 | -0.9% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q2 2009 | +0.2% | — | — | |
| Q2 2010 | +0.2% | — | — |
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