Reported Late Wednesday, SJW Group 2024 Guidance: Sees Adjusted EPS Of $2.68-$2.78 Vs. $2.75 Consensus
Portfolio Pulse from Benzinga Newsdesk
SJW Group has released its 2024 guidance, projecting adjusted EPS between $2.68 and $2.78, slightly below the consensus of $2.75. The company also reiterated its long-term EPS growth target of 5% to 7%, based on 2022's EPS of $2.43.
July 25, 2024 | 7:17 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
SJW Group's 2024 guidance projects adjusted EPS between $2.68 and $2.78, slightly below the consensus estimate of $2.75. The company also reiterated its long-term EPS growth target of 5% to 7%, based on 2022's EPS of $2.43.
The guidance provided by SJW Group is slightly below the consensus estimate, which may cause a neutral to slightly negative reaction in the short term. However, the reiteration of long-term growth targets may provide some support to the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100