SJW Group reports results for the quarter ended December 31 - Earnings Summary

• SJW Group SJW.OQ reported quarterly adjusted earnings of 68 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of four analysts for the quarter was for earnings of 55 cents per share. Wall Street expected results to range from 52 cents to 57 cents per share.

• Revenue rose 15.5% to $197.82 million from a year ago; analysts expected $187.48 million.

• SJW Group's reported EPS for the quarter was 68 cents​.

• The company reported quarterly net income of $22.92 million.

• SJW Group shares had risen by 10.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the water & related utilities peer group is also "buy"

Wall Street's median 12-month price target for SJW Group is $61.00

This summary was machine generated from LSEG data February 27 at 01:00 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)