---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-024629"
form_type: "8-K"
ticker: "NJR"
cik: "0000356309"
company_name: "NEW JERSEY RESOURCES CORP"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T21:09:40.018163+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NJR Q2 NFEPS $1.41 beats $1.16 YoY; reaffirms FY24 guidance $2.85-$3.00

## Summary
- Net income $120.8M ($1.23 EPS) vs $110.2M ($1.14) in Q2 fiscal 2023.
- Net financial earnings $138.6M ($1.41/share) vs $112.3M ($1.16) YoY, up ~22%.
- Reaffirmed fiscal 2024 NFEPS guidance $2.85-$3.00, raised $0.15 in Feb 2024.
- NJNG filed rate case Jan 31, 2024 seeking $222.6M delivery rate increase.
- Energy Services NFE jumped to $37.6M from $21.1M on natural gas volatility.

## SEC filing metadata
- accession: 0001140361-24-024629
- form_type: 8-K
- ticker: NJR
- cik: 0000356309
- company_name: NEW JERSEY RESOURCES CORP
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/356309/000114036124024629/0001140361-24-024629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356309/000114036124024629/ef20027525_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-024629
- JSON: https://secwatch.observer/filing/0001140361-24-024629.json
- Plain text: https://secwatch.observer/filing/0001140361-24-024629.txt

## Key facts
- Earnings Releases
  NEW JERSEY RESOURCES CORP reported second fiscal quarter ended March 31, 2024 results: net income $120.8 million, EPS $1.23. Guidance reaffirmed.
  - Period: second fiscal quarter ended March 31, 2024
  - Net income: $120.8 million
  - EPS: $1.23
  - Guidance: reaffirmed
  - Result: reported results
  source text: Consolidated net income of $120.8 million , compared with $110.2 million in the second quarter of fiscal 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036124024629/0001140361-24-024629-index.htm

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