New Jersey Resources (NJR) Misses Q3 EPS by 16c, Reaffirms EPS Guidance Near Low-End of Range

New Jersey Resources (NYSE: NJR) reported Q3 EPS of ($0.06), $0.16 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $299 million versus the consensus estimate of $447.88 million.

GUIDANCE:

New Jersey Resources sees FY2020 EPS of $2.05-$2.15, versus the consensus of $2.10.

• NJR reaffirmed fiscal 2020 NFE guidance range of $2.05 to $2.15 per share, subject to the risks and uncertainties identified below under “Forward-Looking Statements,” but expects NFE to be toward the lower-end of the range.

For earnings history and earnings-related data on New Jersey Resources (NJR) click here.

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