Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
SJW (SJW)
NASDAQ:SJW
Holding SJW?
Track your performance easily
Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.56Last Year’s EPS
0.59Same Quarter Last Year
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: -14.25%
|Next Earnings Date:Jul 25, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment with strong financial results, significant infrastructure investments, and environmental achievements. However, challenges such as drought conditions in Texas and increased operating expenses were noted.Company Guidance
During the SJW Group's Q3 2024 earnings call, guidance provided included a reaffirmation of their 2024 non-GAAP earnings per diluted share range between $2.68 and $2.78. The company reported a 10% increase in revenue to $225.1 million for Q3 2024, largely driven by rate increases and higher pass-through water costs. Net income for the quarter rose by 7% to $38.7 million, with adjusted net income reaching $39 million. SJW Group continued to focus on infrastructure investments, with $252 million invested year-to-date out of a planned $332 million for 2024. They also highlighted ongoing initiatives such as securing a grant for clean energy infrastructure in California and making substantial progress in their 5-year plan of investing $1.6 billion. The company remains committed to maintaining a long-term growth rate of 5% to 7%, anchored off their 2022 earnings per diluted share of $2.43.Strong Financial Performance
SJW Group reported a 10% increase in revenue to $225.1 million and a 7% increase in net income to $38.7 million in Q3 2024 compared to the same period in 2023.
Infrastructure Investments
Year-to-date investments totaled $252 million, with plans to invest $1.6 billion over five years, including $230 million for PFAS remediation.
Environmental and Operational Achievements
SJW Group was recognized as one of America's Greenest Companies 2025 by Newsweek and received an $8 million grant for clean energy infrastructure.
Regulatory Success
SJW Group filed a settlement agreement with the CPUC for a $53.1 million revenue increase and approval of $450 million in capital expenditures.
---
SJW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SJW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $56.01 | $57.34 | +2.37% |
| Jul 25, 2024 | $58.32 | $60.81 | +4.27% |
| Apr 25, 2024 | $53.67 | $52.38 | -2.40% |
| Feb 22, 2024 | $58.46 | $56.97 | -2.55% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does SJW (SJW) report earnings?
SJW (SJW) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is SJW (SJW) earnings time?
SJW (SJW) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SJW EPS forecast?
SJW EPS forecast for the fiscal quarter 2024 (Q4) is 0.56.
---