New Jersey Resources Corp expected to post a loss of 7 cents a share - Earnings Preview

New Jersey Resources

01/08/2025 23:52

New Jersey Resources Corp NJR.N, NJR is expected to  show a rise in quarterly revenue when it reports  results on August 4 for the period ending June 30 2025

The Belmar New Jersey-based  company is expected to report a 10.1% increase in revenue to $303.55 million from $275.64 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

​LSEG's mean analyst estimate for New Jersey Resources Corp is for a loss of 7 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for New Jersey Resources Corp is $52.00, about 12% above its last closing price of $45.76

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
1.62
1.62
1.78
Beat
9.9
Dec. 31 2025
1.08
1.07
1.29
Beat
21.1
Sep. 30 2024
0.88
0.88
0.89
Beat
1.5​
Jun. 30 2024
-0.02
-0.02
-0.09
Missed
-275
​​Mar. 31 2024
1.32
1.33
1.41
Beat
6
Dec. 31 2023
0.62
0.75
0.74
Missed
-0.9​
Sep. 30 2023
0.29
0.30
0.30
Met
0.6
Jun. 30 2023
-0.05
-0.04
0.10
Beat
350

This summary was machine generated August 1 at 22:52 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)