secwatch.observer — SEC 8-K summary
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Issuer:     NEW JERSEY RESOURCES CORP (NJR)
CIK:        0000356309
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001140361-24-024629
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356309/000114036124024629/0001140361-24-024629-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356309/000114036124024629/ef20027525_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-024629

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