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

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

New Jersey Resources Reports Second-Quarter Fiscal 2019 Results

May 3, 2019 7:00 AM EDT

WALL, N.J.--(BUSINESS WIRE)-- Today, New Jersey Resources (NYSE: NJR) reported results for the second-quarter of fiscal 2019. Highlights include:

Consolidated net income of $73.6 million, compared with $140.3 million in the second-quarter of fiscal 2018 Consolidated net financial earnings (NFE), a non-GAAP financial measure, were $112.4 million, compared with NFE of $142.1 million in the second-quarter of fiscal 2018 Reaffirmed NFE guidance for fiscal 2019 of $1.95 to $2.05 per share New Jersey Natural Gas (NJNG) filed a rate case with the New Jersey... More