SJW Gr Q2 EPS $0.58 Vs $0.38 Prior Year, Sales $156.89M Miss $160.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
SJW Group (NYSE:SJW) reported Q2 earnings of $0.58 per share, a 52.63% increase from the same period last year. However, the company's quarterly sales of $156.89 million missed the analyst consensus estimate of $160.28 million by 2.12%.
July 31, 2023 | 10:06 am
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NEUTRAL IMPACT
SJW Group's Q2 earnings per share increased significantly YoY, but sales missed estimates.
While SJW Group's earnings per share increased significantly year over year, the company's sales missed analyst estimates. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100