New Jersey Resources (NJR) Reports In-Line Q4 EPS

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New Jersey Resources Reports Fourth-quarter and Fiscal 2020 Results

November 30, 2020 7:35 AM EST

Company Separately Announced Fiscal 2021 Guidance and Long-Term NFEPS and Dividend Growth Rate

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

Consolidated net income of $193.9 million for fiscal 2020, compared with $169.5 million in fiscal 2019 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $196.2 million for fiscal 2020, or $2.07 per share, compared with $175.0 million, or $1.96 per share, in fiscal 2019 Increased annual dividend by 6.4 percent to $1.33 per share NJNG... More