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

New Jersey Resources

02/02/2023 14:32

* New Jersey Resources Corp  NJR.N  reported quarterly
adjusted
earnings of $1.14​​ per share for the quarter ended in December.
The mean expectation of six analysts for the quarter was
for earnings of 72 cents per share.
    * Revenue rose 7.1% to $723.57 million from a year ago;
analysts
expected $578.67 million. 
    * New Jersey Resources Corp's reported EPS for the quarter
was
$1.20​.
    * The mean earnings estimate of analysts had fallen by
about 17%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * New Jersey Resources Corp shares had risen by 0.4% this
quarter.
    * Wall Street's median 12-month price target for New Jersey
Resources Corp is $48.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
2 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.72           1.14           Beat
 Sep. 30 2022      0.43           0.50           Beat
 Jun. 30 2022      0.06           -0.04          Missed
 Mar. 31 2022      1.28           1.36           Beat