New Jersey Resources (NJR) Increases Fiscal 2021 Net Financial Earnings Guidance
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New Jersey Resources Increases Fiscal 2021 Net Financial Earnings Guidance
March 15, 2021 7:00 AM EDTWALL, N.J.--(BUSINESS WIRE)-- New Jersey Resources (NYSE: NJR) today announced an increase to its fiscal 2021 net financial earnings (NFE) guidance to a range of $1.85 - $1.95 per share, from the previously announced range of $1.55 - $1.65 per share.
The increase in guidance is due primarily to better-than-anticipated results at NJR Energy Services (Energy Services). During the second quarter of fiscal 2021, a period of widespread cold across the U.S. led to unusually high demand for natural gas. Energy Services geographically diverse storage and transportation assets enabled that business to... More
