California Water Service Group (CWT) CEO Martin Kropelnicki on Q2 2022 Results - Earnings Call Transcript

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Q2: 2022-07-28 Earnings Summary

EPS of $0.36 misses by $0.20
 | Revenue of $206.19M (-3.25% Y/Y) misses by $12.51M

California Water Service Group (NYSE:CWT) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET

Company Participants

David Healey - Vice President and Corporate Controller
Thomas Smegal - Vice President, Chief Financial Officer
Martin Kropelnicki - President and CEO

Conference Call Participants

Ben Kallo - Baird

Operator

Good morning and welcome to the California Water Service Group Quarter Two, 2022 Earnings Release Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] And finally, I would like to advise all participants that this call is being recorded. Thank you.

I'd now like to welcome, David Healey, Vice President and Corporate Controller to begin the conference, over to you.

David Healey

Thank you, Polly. Welcome everyone to the 2022 second quarter earnings call for California Water Service Group. With me today is Marty Kropelnicki, our President and CEO, and Tom Smegal, our Vice President, Chief Financial Officer.

Replay dial-in information for this call can be found in our second quarter earnings release, which was issued earlier today. 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 at the company's website at www.calwatergroup.com.

Before looking at this quarter's 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

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