California Water Service Group (CWT) CEO Martin Kropelnicki on Q1 2020 Results - Earnings Call Transcript

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Q1: 2020-04-30 Earnings Summary

EPS of -$0.42 misses by $0.44
 | Revenue of $125.56M (-0.43% Y/Y) beats by $56.24M

California Water Service Group (NYSE:CWT) Q1 2020 Earnings Conference Call April 30, 2020 11:00 AM ET

Company Participants

David Healey - VP, Corporate Controller, Assistant Treasurer & Principal Accounting Officer
Thomas Smegal - VP, CFO & Treasurer
Martin Kropelnicki - President, CEO & Director

Conference Call Participants

Durgesh Chopra - Evercore ISI
David Katter - Robert W. Baird & Co.
Jonathan Reeder - Wells Fargo Securities

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Water Service Group First Quarter 2020 Earnings Results Teleconference Call. [Operator Instructions]. I'd now like to hand the conference over to your speaker today, Mr. David Healey, Vice President and Corporate Controller. Thank you. Please go ahead.

David Healey

Thank you, Jimmy. Welcome, everyone, to the 2020 first quarter results call for California Water Service Group. With me today, Martin Kropelnicki, our President and CEO; and Thomas Smegal, our Vice President and Chief Financial Officer. Replay dial-in information for this call be found in our first quarter results release, which was issued earlier today. The replay will be available until June 30, 2020.

As a reminder, before we begin, the company has a slide deck to accompany the earnings call this quarter. The slide deck was furnished with an 8-K this morning and is also available on the company's website at ww.calwatergroup.com.

Before looking at the first quarter results, we'd like to take a few moments to cover forward-looking statements. During the course of the call, the company may make certain forward-looking statements. Because these statements deal with future events, they are subject to various risks and uncertainties, and actual results could differ materially from the company's current expectations. Because of this, the company strongly advises all current shareholders as well as interested parties to carefully read and understand the company's disclosures on risk and uncertainties found in our Form

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