SJW Gr Q3 EPS $1.13 Beats $0.96 Estimate, Sales $204.84M Beat $187.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
SJW Group (NYSE:SJW) reported Q3 earnings of $1.13 per share, beating the analyst consensus estimate of $0.96 by 17.71%. This is a 37.8% increase from the same period last year. The company also reported quarterly sales of $204.84 million, beating the analyst consensus estimate of $187.50 million by 9.25%, a 16.40% increase from the same period last year.
October 30, 2023 | 10:07 am
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POSITIVE IMPACT
SJW Group's Q3 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
SJW Group's Q3 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant increase in earnings and sales compared to the same period last year further strengthens this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100