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Sep 30, 2022
SJW Group Q3 2022 Earnings Report
SJW Group reported diluted earnings per share of $0.82 and operating revenue of $176.0 million.
Key Takeaways
SJW Group reported third quarter financial results with diluted earnings per share (EPS) of $0.82 on operating revenue of $176.0 million. The results were impacted by regulatory changes and a delay. The company reaffirms its 2022 guidance range of $2.30 to $2.40 per diluted share.
SJW Group's Q3 2022 diluted earnings were $0.82 per share.
Third quarter results were impacted by regulatory changes and delay.
The company reaffirmed 2022 guidance range of $2.30 to $2.40 per diluted share.
An approved California rate case decision will add approximately $25.1 million in revenues for 2022.
Forward Guidance
SJW Group reaffirms the company’s 2022 guidance as follows: Net income per diluted common share of $2.30 to $2.40; and Regulated infrastructure investments of approximately $223 million in 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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