secwatch.observer — SEC 8-K summary
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Issuer:     H2O AMERICA (HTO)
CIK:        0000766829
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0000766829-23-000122
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SJW Group Q2 diluted EPS $0.58, up 53% YoY; reaffirms FY23 EPS $2.40-$2.50
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- Net income $18.3M ($0.58/diluted share) vs $11.6M ($0.38) in Q2 2022, driven by rate filings and tax reserve release.
- Operating revenue $156.9M, up 5% from $149.0M; weather-driven lower usage offset $9.0M.
- Quarterly dividend declared at $0.38 per share, unchanged.
- Reaffirmed 2023 guidance: diluted EPS $2.40-$2.50; regulated infrastructure investments ~$255M.
- California Cost of Capital decision provides WCCM-adjusted ROE of 9.31%; effective July 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766829/000076682923000122/0000766829-23-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766829/000076682923000122/sjw-20230731.htm
  HTML page:      https://secwatch.observer/filing/0000766829-23-000122

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