Earnings Preview: SJW Gr
Portfolio Pulse from Benzinga Insights
SJW Gr (NYSE:SJW) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $0.60. The company's past performance shows a mix of earnings beats and misses, with the share price reacting accordingly. Shares are currently trading at $60.45, down 21.18% over the last year, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for the earnings results and, more importantly, the company's guidance for future growth.
February 20, 2024 | 4:01 pm
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SJW Gr is expected to report an EPS of $0.60 for the upcoming quarter. Historical performance shows variability in beating EPS estimates and its impact on stock prices. With shares down 21.18% over the last year, the earnings report and future guidance will be critical for investor sentiment.
The expected EPS of $0.60 sets a benchmark for SJW Gr's performance. Historical data shows that beating or missing EPS estimates can affect stock prices, but the guidance provided for future quarters often has a more significant impact. Given the current bearish sentiment reflected in the 21.18% decline over the past year, the upcoming earnings report and particularly the guidance for future growth will be pivotal in determining short-term stock price movements.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100