New Jersey Resources (NJR) Misses Q3 EPS by 16c, Reaffirms EPS Guidance Near Low-End of Range

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Go back to New Jersey Resources (NJR) Misses Q3 EPS by 16c, Reaffirms EPS Guidance Near Low-End of Range

New Jersey Resources Reports Third-Quarter Fiscal 2020 Results

August 7, 2020 7:00 AM EDT

WALL, N.J.--(BUSINESS WIRE)-- Today, New Jersey Resources (NYSE: NJR) reported results for the third quarter of fiscal 2020. Highlights for the quarter included:

Consolidated net loss of $(27.2) million, compared with a loss of $(8.4) million in the third quarter of fiscal 2019 Consolidated net financial loss, a non-GAAP financial measure, of $(5.8) million, or $(0.06) per share, compared with a loss of $(17.5) million, or $(0.20) per share, in the third quarter of fiscal 2019 Reaffirmed net financial earnings (NFE) guidance of $2.05 to $2.15 per share for fiscal 2020; expect to be... More