---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-037763"
form_type: "8-K"
ticker: "NJR"
cik: "0000356309"
company_name: "NEW JERSEY RESOURCES CORP"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T09:47:46.668554+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NJR reports Q3 FY2023 net income $1.5M; NFE $0.10/share; reaffirms FY guidance $2.62-$2.72

## Summary
- Q3 GAAP net income $1.5M ($0.02 EPS) vs $13.1M ($0.14 EPS) year ago.
- Net financial earnings (NFE) of $9.7M ($0.10 per share), improved from ($3.6M) loss in Q3 FY2022.
- Reaffirmed FY2023 NFE guidance $2.62-$2.72 per share; long-term NFEPS growth 7-9%.
- Clean Energy Ventures segment NFE $7.3M, reversing prior-year loss of ($5.1M).
- Year-to-date NFE $232.3M ($2.40 EPS) vs $192.4M ($2.00 EPS) in prior year.

## SEC filing metadata
- accession: 0001140361-23-037763
- form_type: 8-K
- ticker: NJR
- cik: 0000356309
- company_name: NEW JERSEY RESOURCES CORP
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356309/000114036123037763/0001140361-23-037763-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356309/000114036123037763/brhc20056312_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-037763
- JSON: https://secwatch.observer/filing/0001140361-23-037763.json
- Plain text: https://secwatch.observer/filing/0001140361-23-037763.txt

## Key facts
- Earnings Releases
  NEW JERSEY RESOURCES CORP reported the third fiscal quarter ended June 30, 2023 results: net income $1.5 million, EPS $0.02 per share. Guidance reaffirmed.
  - Period: the third fiscal quarter ended June 30, 2023
  - Net income: $1.5 million
  - EPS: $0.02 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Third-quarter fiscal 2023 net income totaled $1.5 million, or $0.02 per share, compared with net income of $13.1 million, or $0.14 per share, during the same period in fiscal 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036123037763/0001140361-23-037763-index.htm
- Earnings Releases
  NEW JERSEY RESOURCES CORP reported fiscal 2023 year-to-date results: net income $227.7 million, EPS $2.35 per share. Guidance reaffirmed.
  - Period: fiscal 2023 year-to-date
  - Net income: $227.7 million
  - EPS: $2.35 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Fiscal 2023 year-to-date net income totaled $227.7 million, or $2.35 per share, compared with $220.4 million, or $2.29 per share, for the same period in fiscal 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036123037763/0001140361-23-037763-index.htm

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