NJR reports FY2022 NFE $2.50/share; guides FY2023 $2.42-$2.52; dividend raised 7.6%

NEW JERSEY RESOURCES CORP

2022-FY EPS reported $2.85 revenue$1,198,985,000

FY2022 net income $274.9M ($2.86 EPS) vs $117.9M ($1.23); NFE $240.3M ($2.50) vs $207.7M ($2.16).
Q4 net income $54.5M ($0.57) vs loss ($1.1M) prior year; Q4 NFE $47.9M ($0.50) vs $6.6M ($0.07).
FY2023 NFE guidance $2.42-$2.52 per share; long-term NFEPS growth rate maintained at 7-9%.
Annual dividend raised 7.6% to $1.56 per share (from $1.45).
Adelphia Gateway pipeline placed in service, providing capacity to Philadelphia metro region.

item 2.02 item 5.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

NEW JERSEY RESOURCES CORP reported the fourth fiscal quarter ended September 30, 2022 results: net income $54.5 million, EPS $0.57 per share. Guidance initiated.

Period: the fourth fiscal quarter ended September 30, 2022
Net income: $54.5 million
EPS: $0.57 per share
Guidance: initiated
Result: reported results

Exact text from the filing

Fourth -quarter fiscal 2022 net income totaled $54.5 million , or $0.57 per share, compared with a net loss of $(1.1) million , or $(0.01) per share, during the same period in fiscal 2021 .

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Earnings Releases SEC 8-K Item 2.02 confidence 0.99

NEW JERSEY RESOURCES CORP reported the fiscal year ended September 30, 2022 results: net income $274.9 million, EPS $2.86 per share. Guidance initiated.

Period: the fiscal year ended September 30, 2022
Net income: $274.9 million
EPS: $2.86 per share
Guidance: initiated
Result: reported results

Exact text from the filing

Fiscal 2022 net income totaled $274.9 million, or $2.86 per share, compared with $117.9 million, or $1.23 per share, in fiscal 2021.

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NEW JERSEY RESOURCES CORP filing history →

Source: SEC EDGAR

accession 0001140361-22-041993

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