SJW Group Reaffirms FY24 Adj. EPS Guidance Of $2.68-$2.78 Vs $2.75 Est.
Portfolio Pulse from Benzinga Newsdesk
SJW Group has reaffirmed its FY24 adjusted EPS guidance of $2.68-$2.78, slightly above the estimated $2.75. The company also reiterates its long-term EPS growth target of 5% to 7%, based on 2022's EPS of $2.43.
October 28, 2024 | 1:04 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
SJW Group has reaffirmed its FY24 adjusted EPS guidance of $2.68-$2.78, which is slightly above the market estimate of $2.75. This indicates a positive outlook for the company's earnings.
The reaffirmation of the EPS guidance slightly above market estimates suggests confidence in the company's financial performance, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100