New Jersey Resources (NYSE:NJR) reported its Q2 earnings results on Thursday, May 4, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
New Jersey Resources missed estimated earnings by 4.13%, reporting an EPS of $1.16 versus an estimate of $1.21.
Revenue was down $268.29 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.42 which was followed by a 1.7% increase in the share price the next day.
Here’s a look at New Jersey Resources’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.72 | 0.43 | 0.06 | 1.28 |
| EPS Actual | 1.14 | 0.50 | -0.04 | 1.36 |
| Revenue Estimate | 578.66M | 428.91M | 412.43M | 882.50M |
| Revenue Actual | 723.57M | 765.49M | 552.34M | 912.32M |
To track all earnings releases for New Jersey Resources visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
