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Jun 30, 2021
SJW Group Q2 2021 Earnings Report
Net income increased and earnings per share remained consistent compared to the same period last year, with reaffirmation of 2021 guidance.
Key Takeaways
SJW Group reported a net income increase of 5.3% to $20.8 million for the second quarter ended June 30, 2021, compared to $19.7 million for the same period in 2020. Diluted earnings per share were $0.69, consistent with the previous year. The company reaffirmed its 2021 earnings guidance range of $1.85 to $2.05 per diluted share and declared a dividend of $0.34 per share.
Net income increased 5.3% compared to Q2 2020.
Diluted earnings per share were $0.69 for both Q2 2021 and Q2 2020.
Reaffirmed 2021 earnings guidance range of $1.85 to $2.05 per diluted share.
A dividend of $0.34 per share was declared.
Forward Guidance
SJW Group is reaffirming earnings guidance for 2021 in the range of $1.85 per diluted share to $2.05 per diluted share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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