New Jersey Resources Corp reports results for the quarter ended in December - Earnings Summary

New Jersey Resources

03/02/2022 15:13

* New Jersey Resources Corp  NJR.N  reported quarterly
adjusted
earnings of 69 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of 73 cents per share.
    * Revenue rose 48.8% to $675.84 million from a year ago; 
analysts
expected $447.00 million. 
    * New Jersey Resources Corp's reported EPS for the quarter
was
$1.16​.
    * The mean earnings estimate of analysts had risen by
about 3.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * New Jersey Resources Corp shares had fallen by 2.8% this
quarter.
    * The company reported quarterly net income of $111.31
million.
    * Wall Street's median 12-month price target for New Jersey
Resources Corp is $42.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 3 at 03:13 p.m.
 ​All figures in US dollars unless otherwise stated