earnings
confidence high
sentiment positive
materiality 0.70
SJW Group Q3 2022 EPS $0.82 on revenue $176M; reaffirms FY guidance $2.30-$2.40
H2O AMERICA
2022-Q3 EPS reported
$1.33
revenue$449,324,000
- Diluted EPS $0.82 vs. $0.64 in Q3 2021; recurring ops contributed $0.83, one-time items -$0.01.
- Operating revenue $176.0M, up from $166.9M year-over-year.
- Reaffirms 2022 net income guidance $2.30-$2.40 per diluted share; expects ~$223M in infrastructure investments.
- CPUC-approved rate case settlement adds ~$25.1M in 2022 revenues; benefits to be realized in Q4.
- Quarterly dividend declared at $0.36 per share.