SJW Gr Q4 2023 GAAP EPS $0.59 Beats $0.57 Estimate, Sales $171.34M Beat $161.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
SJW Group reported Q4 2023 earnings of $0.59 per share, surpassing the consensus estimate of $0.57. Quarterly sales reached $171.34M, exceeding the $161.00M estimate but marking a slight decrease from $171.37M in the same period last year.
February 22, 2024 | 5:37 am
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SJW Group's Q4 2023 earnings exceeded analyst expectations, with EPS at $0.59 and sales of $171.34M, slightly surpassing estimates but showing a minor year-over-year decline.
Beating both earnings and sales estimates typically has a positive impact on a company's stock price in the short term. Although the slight year-over-year sales decrease could temper some enthusiasm, the overall positive earnings report is likely to be viewed favorably by investors.
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IMPORTANCE 90
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