SJW Group Sets Date for Release of 2023 Financial Results and Announcement of 2024 Guidance
February 12 2024 - 8:30AM
Business Wire
SJW Group (NYSE: SJW) expects to report financial results for
the fourth quarter and 2023 year end, and announce guidance, after
the close of the market on Feb. 21, 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 at 11
a.m. (PT), 2:00 p.m. (ET) on Thursday, Feb. 22, 2024. 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
April 22, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240209928545/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
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