New Jersey Resources Corp expected to post earnings of $1.62 a share - Earnings Preview

New Jersey Resources

02/05/2025 21:40

New Jersey Resources Corp NJR.N, NJR is expected to show a rise in quarterly revenue when it reports  results on May 5 for the period ending March 31 2025

The Belmar New Jersey-based  company is expected to report a 11.3% increase in revenue to $732 million from $657.91 million a year ago, according to the estimate from one analyst, based on LSEG data.

​LSEG's mean analyst estimate for New Jersey Resources Corp is for earnings of $1.62 per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 4 "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 $53.00​, above​ its last closing price of $48.91. ​​​

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
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
Mar. 31 2023
1.21
1.21
1.16
Missed
-4.1

This summary was machine generated May 2 at 20:40 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)