SJW Gr Q3 Adj $1.18 Beats $1.17 Estimate, Sales $225.06M Beat $213.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
SJW Group reported Q3 earnings of $1.18 per share, surpassing the $1.17 estimate, and sales of $225.06M, exceeding the $213.50M estimate. This marks a 4.42% increase in earnings and a 9.87% increase in sales compared to the previous year.
October 28, 2024 | 1:03 pm
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POSITIVE IMPACT
SJW Group's Q3 earnings and sales exceeded analyst expectations, with earnings per share at $1.18 and sales at $225.06 million. This reflects a positive growth trend compared to the previous year.
SJW Group's earnings and sales both exceeded analyst expectations, indicating strong financial performance. The growth in both earnings and sales compared to the previous year suggests a positive outlook, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100