New Jersey Resources (NJR) Tops Q4 EPS by 5c

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New Jersey Resources Reports Fiscal 2022 Fourth-Quarter and Year End Results

November 17, 2022 7:00 AM EST

Introduces Fiscal 2023 Guidance and Maintains its Long-term Projected Growth Rate

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

Consolidated net income of $274.9 million for fiscal 2022, compared with net income of $117.9 million in fiscal 2021 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $240.3 million for fiscal 2022, or $2.50 per share, compared to NFE of $207.7 million, or $2.16 per share, in fiscal 2021 Achieves highest end of previously... More