New Jersey Resources (NJR) Misses Q1 EPS by 3c, Revenues Miss; Raises FY22 EPS Guidance Above Consensus, Confirms FY21 EPS Mid-Point Views Below Consensus

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Go back to New Jersey Resources (NJR) Misses Q1 EPS by 3c, Revenues Miss; Raises FY22 EPS Guidance Above Consensus, Confirms FY21 EPS Mid-Point Views Below Consensus

New Jersey Resources Reports First-Quarter Fiscal 2021 Results

February 4, 2021 7:00 AM EST

WALL, N.J.--(BUSINESS WIRE)-- Today, New Jersey Resources (NYSE: NJR) reported results for the first-quarter of fiscal 2021. Highlights include:

Consolidated net income of $81.0 million, compared with $75.8 million in the first-quarter of fiscal 2020 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $44.7 million, or $0.46 per share, compared with $34.9 million, or $0.38 per share, in the first quarter of fiscal 2020 Reaffirmed NFE per share (NFEPS) guidance of $1.55 to $1.65 for fiscal 2021 Increased NFEPS guidance for fiscal 2022 by $0.15 to a range of $2.20 to $2.30 Entered into Asset... More