Ladies and gentlemen, thank you for standing by, and welcome to the SJW Group's First Quarter 2020 Financial Results Conference Call. Many factors could cause the Company's actual results and performance to differ materially from those expressed or implied by the forward-looking statements.
SJW (SJW) delivered earnings and revenue surprises of 3.03% and -0.10%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
SJW Group (NYSE: SJW) has appointed Carl Guardino to the company’s board of directors effective May 19, 2020.
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SJW Group (NYSE: SJW) today reported financial results for the first quarter ended March 31, 2020. SJW Group net income was $2.4 million for the quarter ended March 31, 2020, compared to $5.9 million for the same period in 2019. Diluted earnings per share were $0.08 and $0.21 for the quarters ended March 31, 2020 and 2019, respectively. Diluted earnings per share in 2020 includes $0.15 per share from ongoing operations offset by non-recurring expenses related to the Connecticut Water Service, Inc. ("CTWS") merger and integration fees of $1.3 million (net of tax) or $0.05 per share and COVID-19 related reserves and expenses of $470,000 (net of tax) or $0.02 per share. Diluted earnings per share in 2019 includes $0.23 per share from ongoing operations and $0.05 per share of interest income earned on temporarily invested proceeds from our equity offering in December 2018, offset by $0.07 per share of non-recurring expenses related to the CTWS merger.
SJW (SJW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SJW (SJW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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The Directors of SJW Group (NYSE:SJW) today declared a quarterly dividend on common stock of $0.32 per share. The dividend is payable on June 1, 2020, to shareholders of record on May 11, 2020. This marks the 307th consecutive dividend payment by the company. For 53 consecutive years, SJW Group stockholders have received an increase in their calendar year dividend, which places it in an exclusive group of companies on the New York Stock Exchange.
SJW Group (NYSE: SJW) today provided notice of a change in the location for the Company’s 2020 Annual Meeting of Stockholders via the filing of additional proxy materials with the SEC.
SJW Group (NYSE:SJW) today announced that the Company will release its first quarter 2020 financial results after the close of the market on May 4, 2020. Eric W. Thornburg, Chairman of the Board, President and Chief Executive Officer, and James P. Lynch, Chief Financial Officer and Treasurer, will review the results in a webcast presentation at 8:00 A.M. (PT), 11:00 A.M (ET) on May 5, 2020.
SJW (SJW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Today we'll take a closer look at SJW Group (NYSE:SJW) from a dividend investor's perspective. Owning a strong...
SJW (SJW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SJW Group (NYSE: SJW) announced today that its wholly owned subsidiary, San Jose Water, along with three other California water utilities (the "Joint Parties") received a letter dated March 11, 2020 from the Executive Director of the California Public Utilities Commission ("CPUC") granting the Joint Parties’ request to postpone their scheduled 2020 Cost of Capital ("COC") filings to May 1, 2021.
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SJW (SJW) delivered earnings and revenue surprises of -55.88% and 10.45%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?