New Jersey Resources Reports Second-Quarter Fiscal 2019 Results

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New Jersey Resources (NJR) Tops Q2 EPS by 10c; Offers FY19 EPS Guidance Below Consensus

May 3, 2019 7:02 AM EDT

New Jersey Resources (NYSE: NJR) reported Q2 EPS of $1.27, $0.10 better than the analyst estimate of $1.17. Revenue for the quarter came in at $866.26 million versus the consensus estimate of $1.01 billion.

Consolidated net income of $73.6 million, compared with $140.3 million in the second-quarter of fiscal 2018Consolidated net financial earnings (NFE), a non-GAAP... More