New Jersey Resources Reports First-Quarter Fiscal 2019 Results

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New Jersey Resources (NJR) Misses Q1 EPS by 8c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus

February 6, 2019 7:05 AM EST

New Jersey Resources (NYSE: NJR) reported Q1 EPS of $0.61, $0.08 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $811.77 million versus the consensus estimate of $711.5 million.

Consolidated net income of $86.2 million, compared with $123.7 million in the first-quarter of fiscal 2018Consolidated net... More