New Jersey Resources (NJR) Tops Q2 EPS Views; Boosts FY15 EPS Outlook

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Go back to New Jersey Resources (NJR) Tops Q2 EPS Views; Boosts FY15 EPS Outlook

New Jersey Resources Announces Fiscal 2015 Second-Quarter Results; Increases Fiscal 2015 Net Financial Earnings Guidance

May 7, 2015 7:01 AM EDT

WALL, N.J.--(BUSINESS WIRE)-- New Jersey Resources (NYSE: NJR) today reported net financial earnings (NFE) of $154.3 million, or $1.82 per share, for the six months of fiscal 2015 and increased guidance for fiscal 2015.

Last year saw record performance by NJR Energy Services, driven by the market volatility created by the extreme winter weather, said Laurence M. Downes, chairman and CEO of New Jersey Resources. While not as extreme as last year, fiscal 2015 has also been colder than normal, creating opportunities for NJRES. Their better-than-expected results are the primary driver of increased earnings guidance.

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