Live Breaking News & Updates on Water infrastructure conservation adjustment

Stay informed with the latest breaking news from Water infrastructure conservation adjustment on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Water infrastructure conservation adjustment and stay connected to the pulse of your community

SJW Group Announces 2021 Third Quarter Financial Results, Reaffirms 2021 Guidance, and Declares Dividend

SJW Group Announces 2021 Third Quarter Financial Results, Reaffirms 2021 Guidance, and Declares Dividend
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

Maine , United-states , Saco-river , Texas , Canyon-lake , California , Biddeford , Connecticut , Jamesp-lynch , Texas-water-alliance , Sjwtx-inc

SJW Group Announces 2021 Second Quarter Financial Results, Reaffirms 2021 Guidance, and Declares Dividend


Press release content from Business Wire. The AP news staff was not involved in its creation.
SJW Group Announces 2021 Second Quarter Financial Results, Reaffirms 2021 Guidance, and Declares Dividend
July 29, 2021 GMT
SAN JOSE, Calif.--(BUSINESS WIRE)--Jul 29, 2021--
SJW Group (NYSE: SJW) today reported financial results for the second quarter ended June 30, 2021. SJW Group net income was $20.8 million for the quarter ended June 30, 2021, compared to $19.7 million for the same period in 2020. Diluted earnings per share were $0.69 for the quarters ended June 30, 2021 and 2020, respectively. Diluted earnings per share in 2021 includes $0.60 per share from ongoing operations and $2.6 million (net of tax) or $0.09 per share from non-recurring income related to the holdback amount received during 2021 related to the sale of all of SJW Group’s equity interest in Texas Water Alliance Limited (“TWA”) to the Guadalupe-Blanco River Authority (“GBRA”) in 2017. Diluted earnings per share in 2020 includes $0.72 per share from ongoing operations offset by non-recurring expenses related COVID-19 related reserves and expenses of $0.7 million (net of tax) or $0.03 per share.

California , United-states , Maine , Biddeford , Texas , Connecticut , Canyon-lake , Jamesp-lynch , Texas-water-alliance , Sjwtx-inc , Texas-water-alliance-limited