---
schema_version: "secwatch.filing_event.v1"
accession: "0000766829-24-000033"
form_type: "8-K"
ticker: "HTO"
cik: "0000766829"
company_name: "H2O AMERICA"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:56:39.066635+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SJW Group Q1 2024 EPS $0.36 (down $0.01 YoY); revenue up 9%; reaffirms FY EPS guidance $2.68-$2.78

## Summary
- Net income $11.7M (+1% YoY); diluted EPS $0.36 vs $0.37; operating revenue $149.4M (+9% YoY).
- Invested $69M in infrastructure; reaffirms 2024 capex of $332M and long-term 5-7% EPS growth.
- California WCCM-adjusted ROE 10.01% effective Jan 1 2024; filed GRC for 2025-2027 rates.
- Maine Water rate increase of $2.6M approved; Texas System Improvement Charge expected $1.6M annualized.
- Declares $0.40 quarterly dividend; USA Today named Connecticut Water a Top Workplace.

## SEC filing metadata
- accession: 0000766829-24-000033
- form_type: 8-K
- ticker: HTO
- cik: 0000766829
- company_name: H2O AMERICA
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766829/000076682924000033/0000766829-24-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766829/000076682924000033/sjw-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000766829-24-000033
- JSON: https://secwatch.observer/filing/0000766829-24-000033.json
- Plain text: https://secwatch.observer/filing/0000766829-24-000033.txt

## Key facts
- Earnings Releases
  H2O AMERICA reported the quarter ended March 31, 2024 results: revenue $149.4 million, net income $11.7 million, EPS $0.36. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2024
  - Revenue: $149.4 million
  - Net income: $11.7 million
  - EPS: $0.36
  - Guidance: reaffirmed
  - Result: reported results
  source text: last year. Diluted EPS for the quarter ended March 31, 2024 was $0.36, or a 3% decrease compared to $0.37 in the same quarter last year. Operating revenue for first quarter was $149.4 million, compared to $137.3 million for the same quarter last year. The increase was largely driven by rate increases of $10 million, primarily in California, increases in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/766829/000076682924000033/0000766829-24-000033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.