New Jersey Resources Reports First Quarter Fiscal 2020 Results

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Go back to New Jersey Resources Reports First Quarter Fiscal 2020 Results

New Jersey Resources (NJR) Misses Q1 EPS by 32c, Revenues Miss

February 6, 2020 7:15 AM EST

New Jersey Resources (NYSE: NJR) reported Q1 EPS of $0.44, $0.32 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $615.04 million versus the consensus estimate of $853 million.

Consolidated net income of $89.4 million, compared with $86.2 million in the first quarter of fiscal 2019Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $40.4 million, or $0.44 per share, compared with $54.1 million, or $0.61 per share, in the... More