New Jersey Resources Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal 2025 Outlook Raised

MT Newswires Live
06 May

New Jersey Resources (NJR) reported fiscal Q2 non-GAAP earnings late Monday of $1.78 per diluted share, up from $1.41 a year earlier.

A lone analyst polled by FactSet expected $1.64.

Revenue in the three months ended March 31 rose to $913 million from $657.9 million a year earlier.

A lone analyst surveyed by FactSet expected $731.7 million.

The company raised fiscal 2025 non-GAAP EPS guidance range to $3.15 to $3.30 from $3.05 to $3.20.

Analysts polled by FactSet expect $3.13.

Shares of New Jersey Resources were up more than 2% in after-hours trading.

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