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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 sh
SECOND QUARTER 2021 FINANCIAL RESULTS SAN JOSE, Calif., July 22, 2021 - SJW Group (NYSE: SJW) today announced that the company will release its second quarter 2021 financial results after the close of the market on July 29, 2021. Eric Thornburg, President, Chief Executive Officer and Board Chairman, and James Lynch, Chief Financial Officer and Treasurer, will review the results in a webcast presentation at 10:00 a.m. (PT), 1:00 p.m. (ET) on July 30, 2021. Interested parties may access the webcast and related presentation materials at the web site www.sjwgroup.com. An archive of the webcast will be available until October 25, 2021. About SJW Group SJW Group is the second-largestinvestor-ownedpure-play water and wastewater utility, based on estimated rate base, in the United States, providing lifesaving and high-quality water service to nearly 1.5 million people. SJW Group s locally led and operated water utilities - San Jose Water Company in
The San Jose Water Company on Tuesday reiterated that the water from those pipes is not drinking water. Large scale fire suppression systems are required by code and regulation to be separated from potable water systems by backflow devices, the agency said in a statement. There is potential degradation of quality both from stagnation of the water in the pipes, and from potentially different plumbing materials not certified for use in drinking water. It should not be considered potable and carries potential risk.
Adriana Flores said everyone got in line for water, not just them, but she said her family only used the water to fill the toilet and wash dishes.
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