earnings
confidence high
sentiment positive
materiality 0.75
SJW Group 2024 EPS $2.87 beats guidance; revenue up 12% to $748M; 2025 EPS guide $2.90-$3.00
H2O AMERICA
2024-FY EPS reported
$2.87
revenue$748,439,000
- 2024 GAAP diluted EPS $2.87 (adjusted $2.95); revenue $748.4M, up 12% YoY; net income $94.0M, up 11%.
- Q4 2024 GAAP diluted EPS $0.68 (adjusted $0.74); revenue $197.8M, up 15% YoY.
- Introduces 2025 adjusted EPS guidance of $2.90–$3.00; long-term EPS growth target 5%–7% through 2029.
- Five-year capital plan increased 25% to $2.0B, including ~$300M for PFAS treatment, subject to regulatory approvals.
- Regulatory wins: California CPUC approved 2025–2027 rate settlement with $53.1M revenue step-ups; Connecticut WICA surcharge raised to 3.43%.