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New Jersey Resources Reports Fiscal 2024 Second-Quarter Results

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: Business Wire
WALL, N.J.--(BUSINESS WIRE)--Today, New Jersey Resources Corporation (NYSE: NJR) reported results for the second quarter of fiscal 2024. Highlights include:Consolidated net income of $120.8 million, compared with $110.2 million in the second quarter of fiscal 2023Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $138.6 million, or $1.41 per share, compared to $112.3 million, or $1.16 per share, in the second quarter of fiscal 2023Re-affirmed fiscal 2024 net financial earnings per share (NFEPS) guidance range of $2.85 to $3.00, which was increased by $0.15 in February 2024 as a result of strong performance from Energy ServicesMaintained long-term projected NFEPS growth rate of 7 to 9 percent(1)On January 31, 2024, 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 ratesSecond-quarter fiscal 2024 net income totaled $120.8 million, or $1.23 per share, compared wit Show less Read more
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