New Jersey Resources (NJR) Misses Q3 EPS by 2c, Raises FY EPS Guidance

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

July 31, 2015 7:00 AM EDT

WALL, N.J.--(BUSINESS WIRE)-- New Jersey Resources (NYSE: NJR) today reported fiscal 2015 year-to-date net financial earnings (NFE) of $156.7 million, or $1.84 per share, and increased NFE guidance for fiscal 2015.

Last year, NJR Energy Services delivered record performance driven by the market volatility created by the extreme winter weather, said Laurence M. Downes, chairman and CEO of New Jersey Resources. In fiscal 2015, market conditions, combined with the skill of our team, have created opportunities for NJRES to achieve better-than-expected results, which is the primary driver behind our ability to increase earnings guidance for the... More