SJW Group Sets Date for Release of 2024 First Quarter Financial Results

Rhea-AI Summary

SJW Group (SJW) plans to release its 2024 first-quarter financial results on April 25, 2024. The company's executives will discuss the results in a webcast on April 26, 2024. Interested parties can access the webcast on SJW Group's investor website.

SAN JOSE, Calif.--(BUSINESS WIRE)-- SJW Group (NYSE: SJW) expects to report its 2024 first quarter financial results after the market closes on Thursday, April 25, 2024.

Eric W. Thornburg, president, chief executive officer and board chair, and Andrew F. Walters, chief financial officer and treasurer, will review the results in a webcast presentation on Friday, April 26, 2024, at 11 a.m. pacific daylight time, 2:00 p.m. eastern daylight time. An accompanying slide presentation will also be published to SJW Group’s investor website prior to the call.

Interested parties may access a link to the webcast at www.sjwgroup.com. An archive of the webcast will be available until July 24, 2024.

About SJW Group

SJW Group is among the largest investor-owned pure-play water and wastewater utilities in the United States, providing life-sustaining 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 California, The Connecticut Water Company in Connecticut, The Maine Water Company in Maine and SJWTX Inc. (dba The Texas Water Company) in Texas – possess the financial strength, operational expertise and technological innovation to safeguard the environment, deliver outstanding service to customers and provide opportunities to employees. SJW Group remains focused on investing in its operations, remaining actively engaged in its local communities and delivering continued sustainable value to its stockholders. For more information about SJW Group, please visit www.sjwgroup.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Some of these forward-looking statements can be identified by the use of forward-looking words such as “believes,” “expects,” “estimates,” “anticipates,” “intends,” “seeks,” “plans,” “projects,” “may,” “should,” “will,” or the negative of those words or other comparable terminology. These forward-looking statements are only predictions and are subject to risks, uncertainties, and assumptions that are difficult to predict.

These forward-looking statements involve a number of risks, uncertainties and assumptions including, but not limited to, the following factors: (1) the effect of water, utility, environmental and other governmental policies and regulations, including regulatory actions concerning rates, authorized return on equity, authorized capital structures, capital expenditures and other decisions; (2) changes in demand for water and other services; (3) unanticipated weather conditions and changes in seasonality including those affecting water supply and customer usage; (4) the effect of the impact of climate change; (5) unexpected costs, charges or expenses; (6) our ability to successfully evaluate investments in new business and growth initiatives; (7) contamination of our water supplies and damage or failure of our water equipment and infrastructure; (8) the risk of work stoppages, strikes and other labor-related actions; (9) catastrophic events such as fires, earthquakes, explosions, floods, ice storms, tornadoes, hurricanes, terrorist acts, physical attacks, cyber-attacks, epidemic, or similar occurrences; (10) changes in general economic, political, business and financial market conditions; (11) the ability to obtain financing on favorable terms, which can be affected by various factors, including credit ratings, changes in interest rates, compliance with regulatory requirements, compliance with the terms and conditions of our outstanding indebtedness, and general market and economic conditions; and (12) legislative, and general market and economic developments. The risks, uncertainties and other factors may cause the actual results, performance or achievements of SJW Group to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Results for a quarter are not indicative of results for a full year due to seasonality and other factors. Other factors that may cause actual results, performance or achievements to materially differ are described in SJW Group’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K filed with the SEC. Forward-looking statements are not guarantees of performance, and speak only as of the date made. SJW Group undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240415021548/en/

SJW Group Contacts

Andrew F. Walters

Chief Financial Officer and Treasurer

Andrew.Walters@sjwater.com

408-279-7818

Daniel J. Meaney, APR

Director of Investor Relations

Daniel.Meaney@ctwater.com

860-664-6016

Source: SJW Group

FAQ

When will SJW Group release its 2024 first-quarter financial results?

SJW Group (SJW) will release its 2024 first-quarter financial results after the market closes on Thursday, April 25, 2024.

Who will review the financial results in a webcast presentation?

Eric W. Thornburg, president, chief executive officer, and board chair, and Andrew F. Walters, chief financial officer and treasurer, will review the financial results in a webcast presentation.

When is the webcast presentation scheduled to take place?

The webcast presentation is scheduled for Friday, April 26, 2024, at 11 a.m. Pacific Daylight Time, 2:00 p.m. Eastern Daylight Time.

Where can interested parties access the webcast?

Interested parties can access the webcast at www.sjwgroup.com.

Until when will the archive of the webcast be available?

The archive of the webcast will be available until July 24, 2024.