New Jersey Resources (NJR) Misses Q3 EPS by 9c

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New Jersey Resources Reports Third-Quarter Fiscal 2022 Results and Increases Earnings Guidance for Fiscal 2022

August 4, 2022 7:00 AM EDT

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

Consolidated net income of $13.1 million, compared with a net loss of $(111.8) million in the third quarter of fiscal 2021. Consolidated net financial loss, a non-GAAP financial measure, of $(3.6) million, or $(0.04) per share, compared to a net financial loss of $(14.1) million, or $(0.15) per share, in the third quarter of fiscal 2021. Increased fiscal 2022 net financial earnings per share (NFEPS) guidance range to $2.40 to $2.50 from the previously announced range of $2.30 to... More