New Jersey Resources (NJR) Tops Q4 EPS by 2c; Guides FY16 EPS Below Consensus
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New Jersey Resources Reports Fiscal 2015 Results; Announces Fiscal 2016 Earnings Guidance
November 24, 2015 7:00 AM ESTSecond Year of Better-than-expected Results at NJR Energy Services
WALL, N.J.--(BUSINESS WIRE)--
New Jersey Resources (NYSE: NJR) today reported net financial earnings (NFE) of $151.5 million, or $1.78 per share, for fiscal 2015 and announced NFE guidance for fiscal 2016.
A reconciliation of net income to NFE for the fourth quarter and fiscal years 2015 and 2014 is provided below.
 Three Months Ended  Twelve Months Ended September 30, September 30, (Thousands) 2015  2014 2015  2014 Net income (loss) $ 4,197  $ (24,420 ) $ 180,960  $ 141,970 Add: Consolidated unrealized (gain) loss on derivative instruments (19,671 ) (17,277... More