SJW Gr Raised FY23 EPS Guidance To $2.65-$2.70 (Vs. Consensus $2.47) From $2.40-$2.50
Portfolio Pulse from Benzinga Newsdesk
SJW Group has raised its FY23 EPS guidance to $2.65-$2.70, up from the previous guidance of $2.40-$2.50. This is also higher than the consensus estimate of $2.47.
October 30, 2023 | 10:10 am
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POSITIVE IMPACT
SJW Group's raised FY23 EPS guidance is likely to positively impact its stock price in the short term.
The raised EPS guidance indicates that SJW Group expects to perform better than previously anticipated. This is likely to be viewed positively by investors, potentially leading to an increase in the stock price.
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