New Jersey Resources (NJR) Misses Q3 EPS by 1c

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New Jersey Resources Reports Fiscal 2016 Third-Quarter Results; Reaffirms Fiscal 2016 Earnings Guidance

August 2, 2016 7:00 AM EDT

WALL, N.J.--(BUSINESS WIRE)-- New Jersey Resources (NYSE: NJR) today reported results for the third quarter of fiscal 2016 and reaffirmed net financial earnings (NFE) guidance for the year.

For the three-month period ended June 30, 2016, net loss was $17.4 million, or $.20 per share, compared with a net loss of $7.5 million, or $.09 per share, during the same period last year. Fiscal 2016 year-to-date net income totaled $106.3 million, or $1.24 per share, compared with $176.8 million, or $2.08 per share, during the first nine months of fiscal 2015.

For the three-month period ended June 30, 2016, NFE were $11 million, or $.13 per... More