分组1 - SJW reported quarterly earnings of $0.50 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, and showing an increase from $0.36 per share a year ago, representing an earnings surprise of 42.86% [1] - The company achieved revenues of $167.6 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 7.87% and increasing from $149.38 million year-over-year [2] - SJW has outperformed the market with a 9.2% increase in shares since the beginning of the year, while the S&P 500 has declined by 6.1% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.73 on revenues of $183.76 million, and for the current fiscal year, it is $2.96 on revenues of $768.42 million [7] - The Utility - Water Supply industry, to which SJW belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]

Financial Performance - Net income for Q1 2025 was $16.6 million, a 41% increase from $11.7 million in Q1 2024, with diluted EPS rising to $0.49, a 36% increase year-over-year [3]. - Adjusted net income for Q1 2025 was $16.7 million, a 43% increase compared to the prior year, with adjusted diluted EPS at $0.50, a 39% increase [3]. - Net income for Q1 2025 reached $16,551,000, up 41.5% from $11,699,000 in Q1 2024 [31]. - Diluted earnings per share increased to $0.49 in Q1 2025, compared to $0.36 in Q1 2024, reflecting a growth of 36.1% [31]. Revenue and Operating Performance - Operating revenue for Q1 2025 reached $167.6 million, up 12% from $149.4 million in the same quarter last year, driven by rate increases of $17.2 million and higher customer usage of $1.0 million [5]. - Operating revenue for Q1 2025 was $167,599,000, an increase of 12.2% compared to $149,382,000 in Q1 2024 [31]. - Operating expenses for Q1 2025 were $131.7 million, an 8% increase from $121.5 million in Q1 2024, primarily due to higher water production and administrative costs [5]. - Total operating expenses rose to $131,703,000 in Q1 2025, a 8.5% increase from $121,469,000 in Q1 2024 [31]. Capital Expenditures and Investments - Capital expenditures in Q1 2025 totaled $78.2 million, representing approximately 17% of the planned $473 million for the full year [6]. - Connecticut Water received a $1.6 million revenue increase effective April 1, 2025, for infrastructure investment projects [12]. - Maine Water anticipates a decision on a GRC application requesting a 15.9% increase in annual revenues, expected in Q2 2025 [14]. Dividends and Shareholder Returns - The company declared a quarterly cash dividend of $0.42 per share, with an expected annualized dividend of $1.68 per share for 2025, compared to $1.60 per share in 2024 [19]. Guidance and Future Projections - The company affirms 2025 adjusted diluted EPS guidance of $2.90 to $3.00, with long-term growth projected at 5% to 7% through 2029 [18]. Balance Sheet and Cash Flow - Cash and cash equivalents increased to $23,696,000 as of March 31, 2025, up from $11,114,000 at December 31, 2024 [34]. - Total assets as of March 31, 2025, were $4,728,810,000, an increase from $4,658,309,000 at December 31, 2024 [36]. - Stockholders' equity rose to $1,397,337,000 as of March 31, 2025, compared to $1,366,974,000 at December 31, 2024 [36]. - The current portion of long-term debt increased to $18,665,000 as of March 31, 2025, from $3,648,000 at December 31, 2024 [36]. Mergers and Acquisitions - The company incurred $254,000 in expenses related to merger and acquisition activities during Q1 2025 [39].

Core Insights - SJW Group reported strong financial results for Q1 2025, highlighting the effectiveness of its business strategy and local water operations [2][3][5] Financial Performance - Net income for Q1 2025 was $16.6 million, a 41% increase from $11.7 million in Q1 2024 [3] - Diluted EPS rose to $0.49, a 36% increase compared to $0.36 in the prior year [3][8] - Adjusted net income (non-GAAP) was $16.7 million, up 43% from the previous year, with adjusted diluted EPS at $0.50, a 39% increase [3][4] Revenue and Expenses - Operating revenue for Q1 2025 was $167.6 million, a 12% increase from $149.4 million in Q1 2024, driven by rate increases and higher customer usage [5] - Operating expenses increased by 8% to $131.7 million, primarily due to higher water production expenses and administrative costs [5][9] Capital Expenditures - The company invested $78.2 million in infrastructure during Q1 2025, representing approximately 17% of the planned $473 million capital expenditures for the year [6][8] Rate Activity and Regulatory Updates - New rates for San Jose Water took effect on January 1, 2025, resulting in an authorized revenue increase of $53.1 million over three years [10] - The Connecticut Public Utilities Regulatory Authority approved a $1.6 million revenue increase for Connecticut Water effective April 1, 2025 [14] Dividend Declaration - SJW Group declared a quarterly cash dividend of $0.42 per share, payable on June 2, 2025, with an expected annualized dividend of $1.68 per share for 2025 [23][24] Guidance - The company affirmed its 2025 adjusted diluted EPS guidance of $2.90 to $3.00, anticipating growth in the top half of the range through 2029 [21]

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for SJW despite higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - SJW is expected to report quarterly earnings of $0.35 per share, reflecting a year-over-year decrease of 2.8%, while revenues are projected to be $155.37 million, an increase of 4% from the previous year [3]. - The consensus EPS estimate has been revised down by 2.68% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading indicates a likely earnings beat, particularly when combined with a strong Zacks Rank [8][10]. - For SJW, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +7.14% and a Zacks Rank of 2, suggesting a high probability of beating the consensus EPS estimate [11]. Historical Performance - SJW has a history of exceeding consensus EPS estimates, having beaten expectations in three out of the last four quarters, including a notable surprise of +34.55% in the last reported quarter [12][13]. Conclusion - SJW is positioned as a compelling candidate for an earnings beat, but investors should consider additional factors beyond earnings results when making investment decisions [14][16].

Kay R. New Kay R. New appointed Chief Human Resources Officer of SJW Group effective April 21, 2025. SAN JOSE, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW), a leading national investor-owned pure-play water and wastewater utility, today announced that its board of directors has appointed Kay R. New as chief human resources officer (CHRO), effective immediately. In her new role, New will oversee enterprise-wide efforts related to talent development, organizational effectiveness, emp ...

Core Viewpoint - SJW Group is set to report its financial results for the first quarter of 2025 on April 28, 2025, with a conference call scheduled for April 29, 2025, to discuss these results [1][2]. Company Overview - SJW Group is one of the largest investor-owned pure-play water and wastewater utilities in the United States, serving approximately 1.6 million people [4]. - The company operates several water utilities across different states, including California, Connecticut, Maine, and Texas, emphasizing financial strength, operational expertise, and technological innovation [4]. - SJW Group is committed to investing in its operations, engaging with local communities, and delivering sustainable value to its shareholders [4]. Conference Call Details - The conference call will be hosted by key executives, including the CEO, CFO, COO, and other senior officials, at 11 a.m. Pacific Time on April 29, 2025 [2]. - Investors and the public can access the live webcast by registering on the company's website, with an archive available until July 21, 2025 [3].

SJW (SJW) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual investors often fi ...

Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. Has SJW (SJW) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question.SJW is a member of our Utilities group, which includes 106 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector g ...

SAN JOSE, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW), a leading national investor-owned pure-play water and wastewater utility, today announced that its Board of Directors has appointed Ann P. Kelly as Chief Financial Officer (CFO) and Treasurer, effective July 1, 2025. Kelly, who joined SJW Group in November 2024 as Chief Accounting Officer, has already played a key role in advancing the company's business transformation and operational excellence. In her new role, Kelly will lead b ...

I am a conservative yet opportunistic value investor who has been investing since 2005. I am fact-driven, preferring to let financial data inform me of a company's health, followed by qualitative analysis to fill in the gaps to paint a holistic picture of a company's growth prospects.My work is published on two platforms, Seeking Alpha and FAST Graphs (https://fastgraphs.com/blog/category/research-articles/).I appreciate everyone who reads my research and especially those who drop me questions and comments ...