NASDAQ$HTO
H2O America · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Net income and diluted earnings per share increased compared to the same period in 2019, driven by the merger with CTWS and increased customer usage.
SJW Group reported a net income of $19.7 million and diluted earnings per share of $0.69 for the second quarter ended June 30, 2020. The increase in revenue was primarily attributable to the merger with CTWS, increased customer usage, and cumulative water rate increases.
- Net income for the quarter ended June 30, 2020, was $19.7 million, compared to $13.5 million for the same period in 2019.
- Diluted earnings per share were $0.69 for the quarter ended June 30, 2020, compared to $0.47 for the same period in 2019.
- Operating revenue was $147.2 million for the quarter ended June 30, 2020, compared to $103.0 million in 2019.
- The Company is affirming its 2020 guidance of a range of $1.95 and $2.05 per diluted share.
Headline financials
Revenue & EPS history
SJW Group · Revenue · Quarterly
$147M
Forward guidance
The Company is affirming its 2020 guidance provided in the 2020 first quarter press release of a range of $1.95 and $2.05 per diluted share.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.5%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+0.4%
Avg return
30 days after
45%
29 / 64 earnings
Positive
+13.6%
Q3 2016
Best reaction
-8.3%
Q1 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.7% | -3.3% | -2.4% | |
| Q3 2025 | -3.4% | -9.4% | -9.2% | |
| Q1 2025 | +6.1% | +3.2% | -1.8% | |
| Q4 2024 | -1.9% | +2.2% | +0.6% | |
| Q3 2024 | -0.4% | -2.7% | -2.0% | |
| Q2 2024 | +5.6% | +3.5% | -0.2% | |
| Q1 2024 | -3.0% | -1.2% | +0.4% | |
| Q4 2023 | -3.1% | -4.8% | -7.0% | |
| Q3 2023 | +6.5% | +10.8% | +9.8% | |
| Q2 2023 | -1.7% | -1.9% | -6.3% | |
| Q1 2023 | -0.3% | +1.0% | +0.8% | |
| Q4 2022 | +0.7% | +1.1% | -1.2% | |
| Q3 2022 | +7.1% | +5.9% | +15.1% | |
| Q2 2022 | +0.8% | +2.7% | +1.5% | |
| Q1 2022 | -2.3% | -5.7% | -1.6% | |
| Q4 2021 | +1.2% | +0.4% | +5.6% | |
| Q3 2021 | -3.3% | +3.5% | -2.3% | |
| Q2 2021 | +1.6% | +2.2% | +1.0% | |
| Q1 2021 | -1.5% | -0.5% | -2.2% | |
| Q4 2020 | -2.1% | -3.9% | -12.8% | |
| Q3 2020 | -1.6% | +2.3% | +4.1% | |
| Q2 2020 | +9.5% | +3.9% | -2.4% | |
| Q1 2020 | -2.6% | -1.7% | +8.5% | |
| Q4 2019 | -6.9% | -7.9% | -19.3% | |
| Q3 2019 | -1.1% | -2.9% | -3.2% | |
| Q2 2019 | -0.3% | +0.4% | +1.0% | |
| Q1 2019 | -1.0% | -0.6% | +2.8% | |
| Q4 2018 | +0.1% | +1.0% | +3.1% | |
| Q3 2018 | +3.3% | +2.5% | +5.9% | |
| Q2 2018 | -2.7% | -4.1% | -14.1% | |
| Q1 2018 | +6.4% | +7.9% | +10.9% | |
| Q4 2017 | +6.0% | +5.4% | -3.1% | |
| Q3 2017 | -0.4% | -2.2% | +6.5% | |
| Q2 2017 | -4.3% | +4.2% | +8.0% | |
| Q1 2017 | -4.2% | -5.4% | -7.5% | |
| Q4 2016 | -1.9% | -1.9% | -2.4% | |
| Q3 2016 | +13.6% | +12.8% | +21.6% | |
| Q2 2016 | +3.0% | +1.1% | +9.3% | |
| Q1 2016 | -8.3% | — | — | |
| Q4 2015 | +5.5% | — | — | |
| Q3 2015 | -3.1% | — | — | |
| Q2 2015 | +0.5% | — | — | |
| Q1 2015 | -4.1% | — | — | |
| Q4 2014 | -5.7% | — | — | |
| Q3 2014 | +2.9% | — | — | |
| Q2 2014 | -0.3% | — | — | |
| Q1 2014 | -0.8% | — | — | |
| Q4 2013 | +4.8% | — | — | |
| Q3 2013 | -6.0% | — | — | |
| Q2 2013 | +0.9% | — | — | |
| Q1 2013 | -0.9% | — | — | |
| Q4 2012 | -2.0% | — | — | |
| Q3 2012 | -0.1% | — | — | |
| Q2 2012 | +1.9% | — | — | |
| Q1 2011 | +0.0% | — | — | |
| Q1 2012 | +0.9% | — | — | |
| Q4 2009 | -0.3% | — | — | |
| Q4 2011 | -0.3% | — | — | |
| Q3 2010 | +6.9% | — | — | |
| Q3 2011 | +6.9% | — | — | |
| Q2 2011 | +2.5% | — | — | |
| Q2 2010 | +2.5% | — | — | |
| Q4 2010 | +2.5% | — | — | |
| Q1 2010 | +3.7% | — | — |
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