earnings
confidence high
sentiment positive
materiality 0.75
SJW Group Q3 EPS rises to $1.17; reaffirms FY2024 guidance; plans Nasdaq listing transfer
H2O AMERICA
2024-Q3 EPS reported
$2.18
revenue$550,619,000
- Q3 GAAP EPS $1.17 (up from $1.13 YoY); adjusted EPS $1.18 (up from $1.13).
- Revenue $225.1M, up 10% YoY, driven by rate increases in CA and CT.
- Capital investment $252M YTD; CA GRC settlement filed for $450M over 3 years.
- Reaffirms FY2024 adjusted EPS guidance $2.68-$2.78; declares $0.40 dividend.
- Plans to voluntarily delist from NYSE and list on Nasdaq around Nov 8, 2024; ticker remains SJW.