New Jersey Resources (NJR) Q3 Revenue Tops Views

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New Jersey Resources Reports Third-Quarter Fiscal 2018 Results

August 7, 2018 7:00 AM EDT

WALL, N.J.--(BUSINESS WIRE)-- Today, New Jersey Resources (NYSE: NJR) reported results for the third quarter of fiscal 2018:

Consolidated net loss of $14.3 million for the third quarter of fiscal 2018, compared with consolidated net income of $19 million for the same period in fiscal 2017. Consolidated net financial earnings (NFE), a non-GAAP financial measure, were a loss of $8 million for the third quarter of fiscal 2018, compared with NFE of $17.4 million during the same period in fiscal 2017. Fiscal 2018 NFE guidance increased to a range of $2.60 to $2.70 per share.... More