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SJW: 2Q Earnings Snapshot

SAN JOSE, Calif. (AP) _ SJW Corp. (SJW) on Wednesday reported second-quarter earnings of $13.5 million.

The San Jose, California-based company said it had profit of 47 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 58 cents per share.

The parent of San Jose Water Co. posted revenue of $103 million in the period.

SJW shares have risen 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $64.30, a decline of roughly 3% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SJW at https://www.zacks.com/ap/SJW