New Jersey Resources (NJR) Reports Q4 EPS of $0.30

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New Jersey Resources Reports Fiscal 2023 Fourth-Quarter and Year End Results

November 21, 2023 7:00 AM EST

Introduces Fiscal 2024 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 2023. Highlights include:

Consolidated net income of $264.7 million for fiscal 2023, compared with net income of $274.9 million in fiscal 2022 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $261.8 million, or $2.70 per share, compared to NFE of $240.3 million, or $2.50 per share, in fiscal 2022 Increased fiscal 2024 dividend by 7.7% to $1.68 per share

Outlook for Fiscal... More