From Nasdaq: 2024-04-25 21:00:02

SJW reported quarterly earnings of $0.36 per share, surpassing estimates by 2.86%. Revenues of $149.38 million also beat expectations by 6.25%. The stock’s performance will depend on management guidance. SJW shares have dropped 15.6% this year. The industry rank is in the top 27%. York Water is expected to report $0.29 per share earnings with $17 million in revenues for the same quarter.
Investors are looking for SJW’s future performance. The current Zacks Rank is #3 (Hold). Earnings estimate for upcoming quarters and current fiscal year are $0.57/share and $2.75, respectively. Industry outlook plays a part in stock performance. SJW underperformed the S&P 500, but the future remains uncertain. Download Zacks’ Free Special Report on 5 Dividend Stocks for Retirement.



Read more at Nasdaq: SJW (SJW) Q1 Earnings and Revenues Surpass Estimates