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SJW (SJW) - 2024 Q2 - Quarterly Results
SJWSJW (SJW)2024-07-25 00:34

EXHIBIT 99.1 • Delivers 0.64ofGAAPdilutedearningspershare(EPS),ayearoveryearincreaseof0.64 of GAAP diluted earnings per share (EPS), a year-over-year increase of 0.06; adjusted diluted EPS (non-GAAP) of 0.66,ayearoveryearincreaseof0.66, a year-over-year increase of 0.08 • Invests 158millionininfrastructureduringthefirsthalfof2024,orapproximately48158 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 2.76dilutedEPS.Reaffirms2024guidancerangeof2.76 diluted EPS. Reaffirms 2024 guidance range of 2.68 to $2.78 for adjusted diluted EPS (non-GA ...