New Jersey Resources (NJR) Tops Q2 EPS by 9c

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Go back to New Jersey Resources (NJR) Tops Q2 EPS by 9c

New Jersey Resources Reports Second-Quarter Fiscal 2022 Results and Increases Net Financial Earnings Guidance for Fiscal 2022

May 5, 2022 7:00 AM EDT

Energy Services Long Option Strategy Contributes to Guidance Increase 

WALL, N.J.--(BUSINESS WIRE)-- Today, New Jersey Resources Corporation (NYSE: NJR) reported results for the second-quarter of fiscal 2022. Highlights include:

Consolidated net income of $96.0 million, compared with $149.8 million in the second quarter of fiscal 2021. Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $130.2 million, or $1.36 per share, compared with $170.6 million, or $1.77 per share, in the second quarter of fiscal 2021. The comparable prior year period included unusually high net financial earnings at... More