Elmridge

SJW Group Announces 2023 Financial Results

Retrieved on: 
Jeudi, février 22, 2024
Utilities, Energy, Water supply, PUCT, WCMA, Weather, GRC, Interest, Growth, Sale, Ombudsman, Cost of capital, Webcast, PFAS, Tax, Workforce, File, MWC, PURA, Groundwater, CWC, Security (finance), EPS, SIC, Newsweek, Water, Depreciation, WCCM, Index, Public expenditure, CPUC, COC, SJW Group, Insurance, Acquisition, SJW, TWC, Social, Public utilities commission, Elmridge, Drinking water, Saco River

SJW Group (NYSE: SJW) today reported financial results for 2023.

Key Points: 
  • SJW Group (NYSE: SJW) today reported financial results for 2023.
  • “With a strong fourth quarter, our 2023 financial results and operating performance exceeded expectations and the initial earnings per share guidance we set for SJW Group at this time last year,” stated SJW Group Chair, CEO, and President, Eric W. Thornburg.
  • In 2023 SJW Group invested $272 million in infrastructure and water supply, which exceeded our 2023 capital expenditures guidance of $255 million.
  • When considering the company's 2024 guidance relative to actual results in 2023, it is important to note that the company's adjustment to income tax reserves in 2023 resulted in an increase of $0.14 per diluted share.

SJW Group Announces 2023 Second Quarter Financial Results and Declares Dividend

Retrieved on: 
Lundi, juillet 31, 2023
Utilities, Energy, Tax, SJW, Interest, TWC, Acquisition, Investment, Public Utility Commission of Texas, Elm, ESG, NYSE, ISS, Maintenance, EV, GRC, Water, CPUC, San Antonio Water System, Elmridge, Water supply, Growth, Security (finance), San Antonio, CCN, Advice, Maine Public Utilities Commission, Bev, Certificate, COC, WCMA, California Public Utilities Commission, WCCM, Weather, Webcast, Depreciation, SIC, Cost of capital, WICA, PUCT, PFAS, File, Calendar, SJW Group, GHG, Ombudsman, Connecticut Public Television, Sale, Public expenditure, EPS, Public utilities commission, Rare-earth element, Renewable energy, Pharmaceutical industry, Cryptocurrency, Video game, Real estate, Maintenance (technical)

SJW Group (NYSE: SJW) today reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • SJW Group (NYSE: SJW) today reported financial results for the second quarter ended June 30, 2023.
  • As noted in the company's first quarter 2023 financial results, comparisons between 2023 and 2022 operating results are affected by and reflect the delay in San Jose Water Company's (SJWC) 2022 to 2024 general rate case (GRC) proceeding.
  • Operating revenue for the quarter ended June 30, 2023 was $156.9 million, up 5% compared to $149.0 million for the same quarter last year.
  • Operating expenses for the quarter ended June 30, 2023 were $125.7 million, up 3% compared to $122.6 million for the same quarter last year.