New Jersey Resources Corp expected to post earnings of $1.07 a share - Earnings Preview

New Jersey Resources

31/01/2025 21:33

* New Jersey Resources Corp  NJR.N   NJR  is expected
to show a
rise in quarterly revenue when it reports  results on February 3
for the period ending December 31 2024
    * The Belmar New Jersey-based  company is expected to report
a
60.5% increase in revenue to $750 million from $467.21 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 earnings of $1.07 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $54.00​, above​ its last closing price
of $47.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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.        0.29        0.30       0.30      Met     0.6
 30 2023                                                
 Jun. 30 2023  -0.05       -0.04      0.10      Beat    350​
 Mar. 31 2023  1.21        1.21       1.16      Missed  -4.1
 Dec. 31 2022  0.72        0.72       1.14      Beat    58
 This summary was machine generated January 31 at 21:33 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)