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New Jersey Resources' Fiscal Q2 Net Financial Earnings, Revenue Increase
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New Jersey Resources' Fiscal Q2 Net Financial Earnings, Revenue Increase
May 7, 2024 5:39 AM

08:16 AM EDT, 05/07/2024 (MT Newswires) -- New Jersey Resources ( NJR ) reported fiscal Q2 net financial earnings Tuesday of $1.41 per share, up from $1.16 a year earlier.

Analysts polled by Capital IQ expected $1.22.

Revenue for the quarter ended March 31 was $657.9 million, compared with $644 million a year earlier.

One analyst surveyed by Capital IQ expected $670 million.

The company said it continues to expect full-year 2024 net financial earnings of $2.85 to $3.00 per share. Analysts polled by Capital IQ expect $2.91.

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