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Stock impact report

Broker Revenue Forecasts For California Water Service Group (NYSE:CWT) Are Surging Higher [Yahoo! Finance]

California Water Service Group (CWT) 
Last california water service group earnings: 4/30 09:00 am Check Earnings Report
US:NYSE Investor Relations: ir.calwatergroup.com
Company Research Source: Yahoo! Finance
The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects. The stock price has risen 7.0% to US$48.05 over the past week, suggesting investors are becoming more optimistic. It will be interesting to see if this latest upgrade is enough to kickstart further buying interest in the stock. After the upgrade, the four analysts covering California Water Service Group are now predicting revenues of US$1.0b in 2024. If met, this would reflect a meaningful 10% improvement in sales compared to the last 12 months. Per-share earnings are expected to accumulate 4.5% to US$2.61. Prior to this update, the analysts had been forecasting revenues of US$937m and earnings per share (EPS) of US$2.39 in 2024. The forecasts seem more optimistic now, with a nice increase in revenue and a small increase to earnings per share estimates. Check out our latest analysis for California Water Service Group Of course, another way to look at t Show less Read more
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