SJW (SJW) - 2024 Q2 - Quarterly Results

EXHIBIT 99.1 • Delivers $0.64 of GAAP diluted earnings per share (EPS), a year-over-year increase of $0.06; adjusted diluted EPS (non-GAAP) of $0.66, a year-over-year increase of $0.08 • Invests $158 million in infrastructure during the first half of 2024, or approximately 48% of 2024 capital budget • Agreement in principle reached on California general rate case (GRC) • Updates 2024 GAAP guidance to $2.66 to $2.76 diluted EPS. Reaffirms 2024 guidance range of $2.68 to $2.78 for adjusted diluted EPS (non-GA ...