What drove CWT's EPS growth in Q2 2024?

California Water Service Group's (CWT) EPS growth in Q2 2024 was driven by a combination of factors:

1. **Strategic Investments**: The company's capital investments reached a record $332.2 million for the nine-month period ending Q3 2024, marking a 21% increase year-over-year. These investments are likely to have boosted operational efficiency and capacity, contributing to improved profitability.
2. **Revenue Growth**: CWT's total revenue for Q2 2024 was $244.3 million. Although no specific year-over-year revenue growth rate is provided, the company's ability to increase its revenue stream is a direct driver of EPS growth, assuming costs are not significantly increased.
3. **Cost Management**: The company's focus on cost management may have helped to improve net income, which increased to $40.38 million for the quarter. Effective cost management can lead to higher EPS by ensuring that increased revenues are not offset by higher costs.

In summary, CWT's EPS growth in Q2 2024 was likely driven by a combination of strategic investments, revenue growth, and cost management.