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New Jersey Resources: Q2 Earnings Insights

Author: Benzinga Insights | May 04, 2023 07:38am

New Jersey Resources (NYSE:NJR) reported its Q2 earnings results on Thursday, May 4, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

New Jersey Resources missed estimated earnings by 4.13%, reporting an EPS of $1.16 versus an estimate of $1.21.

Revenue was down $268.29 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.42 which was followed by a 1.7% increase in the share price the next day.

Here's a look at New Jersey Resources's past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.72 0.43 0.06 1.28
EPS Actual 1.14 0.50 -0.04 1.36
Revenue Estimate 578.66M 428.91M 412.43M 882.50M
Revenue Actual 723.57M 765.49M 552.34M 912.32M

To track all earnings releases for New Jersey Resources visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: NJR

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