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NJR-News
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New Jersey Resources Reports Q3 Revenue of $349.18M
Reports Q3 revenue $349.18M, consensus $352.2M. Steve Westhoven, President and CEO of New Jersey Resources, stated, "Our year-to-date performance reflects the continued strength of our diversified business model, supported by solid execution across our operations. We are pleased to raise the lower end of our fiscal 2026 NFEPS guidance, as we remain focused on delivering reliable, affordable energy and long-term value for our shareowners."
Company Tightens Fiscal 2026 Net Earnings Per Share Guidance to $3.52-$3.62
Tightens fiscal 2026 net financial earnings per share guidance to a range of $3.52-$3.62, from its previous range of $3.48-$3.63. Maintains 7%-9% long-term NFEPS growth target, starting from a fiscal 2025 base of $2.83 per share.
New Jersey Resources Reports Q2 Revenue of $939.4M
Reports Q2 revenue $939.4M, two estimates $849.95M. Steve Westhoven, President and CEO of New Jersey Resources, stated, "Our exceptional operating performance throughout the winter season delivered reliable service, while New Jersey Natural Gas' strong hedging program helped mitigate costs for our customers. Additionally, as a result of Energy Services' continued outperformance, we were able to increase our fiscal 2026 NFEPS guidance for the second time this year."
Maintains Long-Term EPS Growth Target of 7% to 9%
Consensus $3.12. Maintains 7% to 9% long-term net financial earnings per share growth target, starting from a fiscal 2025 base of $2.83 per share.
New Jersey Resources Raises FY2026 NFEPS Guidance to $3.28-$3.43
Reports Q1 revenue $604.85M vs $488.36M last year. Steve Westhoven, President and CEO of New Jersey Resources, stated, "NJR is off to a strong start in fiscal 2026. Our performance in the beginning of our fiscal second quarter has exceeded our original projections, as Energy Services benefited from natural gas price volatility. As a result, we are raising our fiscal 2026 NFEPS guidance range by $0.25 to $3.28 to $3.43. This represents the sixth consecutive year in which NJR has raised its guidance as a result of the benefits of our diversified energy platform."
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