New Jersey Resources (NJR) Misses Q1 EPS by 32c, Revenues Miss
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New Jersey Resources Reports First Quarter Fiscal 2020 Results
February 6, 2020 7:00 AM ESTWALL, N.J.--(BUSINESS WIRE)-- Today, New Jersey Resources (NYSE: NJR) reported results for the first quarter of fiscal 2020. Highlights for the quarter included:
Consolidated net income of $89.4 million, compared with $86.2 million in the first quarter of fiscal 2019 Consolidated 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 first quarter of fiscal 2019 Reaffirmed NFE guidance of $2.05 to $2.15 for fiscal 2020 New Jersey Natural Gas (NJNG) received approval from the Board of Public Utilities... More