NJR Q1 net income $122.5M; raises fiscal 2026 guidance by $0.25 to $3.28-$3.43

NEW JERSEY RESOURCES CORP

2026-Q1 EPS reported $1.21 revenue$440,899,000

Q1 GAAP EPS $1.22 vs $1.32 prior year; net income $122.5M down from $131.3M.
Net financial earnings (NFE) $118.2M ($1.17/share) vs $128.9M ($1.29) prior year.
Fiscal 2026 NFEPS guidance raised to $3.28-$3.43 from $3.03-$3.18; 7-9% long-term growth target maintained.
Energy Services benefited from natural gas price volatility in January, driving guidance increase.

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