secwatch.observer — SEC 8-K summary
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Issuer:     NEW JERSEY RESOURCES CORP (NJR)
CIK:        0000356309
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0001140361-23-004010
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NJR Q1 fiscal 2023 NFE $1.14/share vs $0.69 YoY; raises FY2023 guidance to $2.62-$2.72
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- Consolidated net financial earnings (NFE) of $110.3M, or $1.14/share, up from $65.8M ($0.69/share) YoY.
- Net income of $115.9M ($1.20 EPS) vs $111.3M ($1.16 EPS) in prior-year quarter.
- Energy Services NFE surged to $52.5M from $17.6M, driven by Winter Storm Elliott performance.
- Fiscal 2023 NFEPS guidance raised by $0.20 to a range of $2.62-$2.72; long-term 7-9% growth rate reaffirmed.
- New Jersey Natural Gas NFE up to $54.7M from $51.1M; Storage & Transportation NFE $6.2M vs $3.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356309/000114036123004010/0001140361-23-004010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356309/000114036123004010/brhc10047273_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-004010

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