---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-022848"
form_type: "8-K"
ticker: "NJR"
cik: "0000356309"
company_name: "NEW JERSEY RESOURCES CORP"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:13:22.119109+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NJR Q2 net income $110.2M vs $96.0M; NFEPS $1.16 vs $1.36; reaffirms FY guidance $2.62-$2.72

## Summary
- Net income $110.2M ($1.14 EPS) vs $96.0M ($1.00) YoY; year-to-date net income $226.2M.
- Net financial earnings (NFE) $112.3M ($1.16/share) vs $130.2M ($1.36) in prior year quarter.
- Reaffirmed fiscal 2023 NFEPS guidance range of $2.62 to $2.72, raised by $0.20 in Q1.
- Long-term NFEPS growth rate maintained at 7-9% annually.
- New Jersey Natural Gas segment NFE $100.7M; Energy Services NFE $21.1M vs $29.9M prior year.

## SEC filing metadata
- accession: 0001140361-23-022848
- form_type: 8-K
- ticker: NJR
- cik: 0000356309
- company_name: NEW JERSEY RESOURCES CORP
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356309/000114036123022848/0001140361-23-022848-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356309/000114036123022848/brhc20052272_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-022848
- JSON: https://secwatch.observer/filing/0001140361-23-022848.json
- Plain text: https://secwatch.observer/filing/0001140361-23-022848.txt

## Key facts
- Earnings Releases
  NEW JERSEY RESOURCES CORP reported three months ended March 31, 2023 results: net income $110.2 million, EPS $1.14.
  - Period: three months ended March 31, 2023
  - Net income: $110.2 million
  - EPS: $1.14
  - Result: reported results
  source text: Consolidated net income of $110.2 million , compared with net income of $96.0 million in the second quarter of fiscal 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036123022848/0001140361-23-022848-index.htm
- Earnings Releases
  NEW JERSEY RESOURCES CORP reported three months ended March 31, 2023 results: net income $110.2 million, EPS $1.14.
  - Period: three months ended March 31, 2023
  - Net income: $110.2 million
  - EPS: $1.14
  - Result: reported results
  source text: Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $112.3 million , or $1.16 per share, compared to NFE of $130.2 million , or $1.36 per share, in the second quarter of fiscal 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036123022848/0001140361-23-022848-index.htm
- Earnings Releases
  NEW JERSEY RESOURCES CORP reported three months ended March 31, 2023 results: net income $110.2 million, EPS $1.14.
  - Period: three months ended March 31, 2023
  - Net income: $110.2 million
  - EPS: $1.14
  - Result: reported results
  source text: Second -quarter fiscal 2023 net income totaled $110.2 million , or $1.14 per share, compared with net income of $96.0 million , or $1.00 per share, during the same period in fiscal 2022 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036123022848/0001140361-23-022848-index.htm
- Earnings Releases
  NEW JERSEY RESOURCES CORP reported fiscal 2023 results: EPS $2.62 - $2.72. Guidance reaffirmed.
  - Period: fiscal 2023
  - EPS: $2.62 - $2.72
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Re-affirmed fiscal 2023 net financial earnings per share (NFEPS) guidance range of $2.62 to $2.72 , which was increased by $0.20 per share in the first quarter of fiscal 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036123022848/0001140361-23-022848-index.htm
- Earnings Releases
  NEW JERSEY RESOURCES CORP reported six months ended March 31, 2023 results: net income $226.2 million, EPS $2.34.
  - Period: six months ended March 31, 2023
  - Net income: $226.2 million
  - EPS: $2.34
  - Result: reported results
  source text: Fiscal 2023 year-to-date net income totaled $226.2 million , or $2.34 per share, compared with $207.3 million , or $2.16 per share, for the same period in fiscal 2022 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036123022848/0001140361-23-022848-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.