California Water Service Group Holding Q1 Income Retreats

California Water Service Group Holding (CWT) released a profit for first quarter that decreased from the same period last year

The company's bottom line totaled $13.331 million, or $0.22 per share. This compares with $69.917 million, or $1.21 per share, last year.

Excluding items, California Water Service Group Holding reported adjusted earnings of $13.331 million or $0.22 per share for the period.

The company's revenue for the period fell 24.7% to $203.973 million from $270.749 million last year.

California Water Service Group Holding earnings at a glance (GAAP) :

-Earnings: $13.331 Mln. vs. $69.917 Mln. last year.
-EPS: $0.22 vs. $1.21 last year.
-Revenue: $203.973 Mln vs. $270.749 Mln last year.

by RTTNews Staff Writer

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