earnings
confidence high
sentiment positive
materiality 0.80
NJR Q2 net income $204M ($2.04/sh); raises FY25 NFEPS guidance to $3.15-$3.30
NEW JERSEY RESOURCES CORP
2025-Q2 EPS
reported $3.33
vs consensus -$0.07
▲ beat
(+4810.0%)
- Q2 net income $204.3M ($2.04/shr) vs $120.8M ($1.23) year ago, a 69% increase.
- Net financial earnings (NFE) $178.3M ($1.78/shr) vs $138.6M ($1.41) prior year.
- Raises FY25 NFEPS guidance $0.10 to $3.15-$3.30 on Energy Services outperformance.
- YTD net income $335.6M ($3.35/shr) vs $210.2M ($2.14) for same period last year.
- New Jersey Natural Gas segment NFE $144.5M, up 35% from $107.1M in Q2 fiscal 2024.