SJW Group Q2 2022 EPS falls to $0.38 from $0.69; reaffirms FY22 guidance $2.30-$2.40

H2O AMERICA

2022-Q2 EPS reported $0.50 revenue$273,343,000

Diluted EPS $0.38 (Q2 2022) vs $0.69 (Q2 2021); revenue $149.0M vs $152.2M.
Net income $11.6M vs $20.8M; one-time items net $0.01 vs $0.09 per share.
Reaffirms 2022 EPS guidance $2.30-$2.40 and regulated infrastructure investments ~$223M.
Declares quarterly dividend of $0.36 per share.
Connecticut WRA change shifts $3.8M revenue to H2; California GRC decision expected Q4 2022.

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