SJW Group (NYSE:SJW) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.89 per share.
For the full year, analysts predict revenues of $ 552.72 million, while looking forward to income of $ 2.06 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.95 ~ $ 2.05 per share
Click Here For More Historical Outlooks Of SJW Group
Previous Quarter Performance
SJW Group announced income for the second quarter of $ 0.69 per share, from the revenue of $ 147.21 million. The quarterly earnings extended 18.97 percent while revenues gained 42.96 percent compared with the same quarter last year.
Street analysts expected SJW Group to report income of $ 0.68 per share on revenue of $ 132.90 million for the second quarter. The bottom line results beat street analysts by $ 0.01 or 1.47 percent, at the same time, top line results outshined analysts by $ 14.31 million or 10.77 percent.
Stock Performance
Shares of SJW Group traded up $ 1.77 or 2.84 percent on Tuesday, reaching $ 64.07 with volume of 75.80 thousand shares. SJW Group has traded high as $ 64.70 and has cracked $ 62.87 on the downward trend
According to the previous trading day, closing price of $ 64.07, representing a 36.62 % increase from the 52 week low of $ 45.60 and a 16.92 % decrease over the 52 week high of $ 74.99.
The company has a market capital of $ 1.83 billion and is part of the Utilities sector and Utilities – Regulated Water industry.
SJW Group, through its subsidiaries, provides water utility services in the United States. It engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water. The company also provides non-tariffed services, including water system operations, maintenance agreements, and antenna site leases.
