New Jersey Resources (NJR) Tops Q2 EPS by 59c, Revenues Beat

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Go back to New Jersey Resources (NJR) Tops Q2 EPS by 59c, Revenues Beat

New Jersey Resources Reports Second-Quarter Fiscal 2021 Results and Increases Net Financial Earnings Guidance for Fiscal 2021

May 6, 2021 7:09 AM EDT

Second Guidance Increase This Fiscal Year

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

Consolidated net income of $149.8 million, compared with $73.8 million in the second-quarter of fiscal 2020 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $170.6 million, or $1.77 per share, compared with $84.3 million, or $0.88 per share, in the second quarter of fiscal 2020 Increased NFE per share (NFEPS) guidance to a range of $2.05 to $2.15 for fiscal 2021 primarily driven by the... More