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Stock impact report

New Jersey Resources Reports Fiscal 2024 First-Quarter Results; Increases Net Financial Earnings Guidance for Fiscal 2024 [Yahoo! Finance]

NewJersey Resources Corporation (NJR) 
Last newjersey resources corporation earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.njresources.com
Company Research Source: Yahoo! Finance
Consolidated net income of $89.4 million, compared with $115.9 million in the first quarter of fiscal 2023 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $72.4 million, or $0.74 per share, compared to $110.3 million, or $1.14 per share, in the first quarter of fiscal 2023. The comparable prior year period included unusually high net financial earnings at Energy Services related to Winter Storm Elliott in December 2022 Increases fiscal 2024 net financial earnings per share (NFEPS) guidance range to $2.85 to $3.00, from $2.70 to $2.85, a $0.15 increase, as a result of strong performance from Energy Services in January 2024, the beginning of the fiscal second quarter; maintains long-term projected NFEPS growth rate of 7 to 9 percent New Jersey Natural Gas (NJNG) filed a rate case with the New Jersey Board of Public Utilities (BPU), seeking a $222.6 million increase in delivery rates NJNG filed with the BPU a proposed next generation of SAVEGREEN™ ene Show less Read more
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