Loading...
•
Sep 30, 2024
SJW Group Q3 2024 Earnings Report
Reported financial results for the third quarter of 2024.
Key Takeaways
SJW Group reported a net income of $38.7 million, or $1.17 diluted EPS, for the third quarter ended September 30, 2024. Operating revenue for the third quarter was $225.1 million.
GAAP diluted earnings per share (EPS) was $1.17 for the quarter, a year-over-year increase of $0.04.
Adjusted diluted EPS (non-GAAP) was $1.18 for the quarter, a year-over-year increase of $0.05.
Invested $252 million in infrastructure through the third quarter of 2024, approximately 76% of the 2024 capital budget.
Filed settlement agreement with Public Advocates Office with the California Public Utilities Commission in San Jose Water's 2025 to 2027 general rate case (GRC).
Forward Guidance
The company reaffirms 2024 GAAP guidance of $2.65 to $2.75 diluted EPS and 2024 guidance range of $2.68 to $2.78 for adjusted diluted EPS (non-GAAP).
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...