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New Jersey Resources Q3 2023 Earnings Report

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$46.51 +0.48 (+1.04%)
(As of 12/20/2024 04:33 PM ET)

New Jersey Resources EPS Results

Actual EPS
$0.10
Consensus EPS
-$0.03
Beat/Miss
Beat by +$0.13
One Year Ago EPS
-$0.04

New Jersey Resources Revenue Results

Actual Revenue
$264.10 million
Expected Revenue
$546.21 million
Beat/Miss
Missed by -$282.11 million
YoY Revenue Growth
-52.20%

New Jersey Resources Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

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New Jersey Resources Earnings Headlines

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About New Jersey Resources

New Jersey Resources (NYSE:NJR), an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 576,000 customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, and Indiana. The Energy Services segment maintains and operates natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services in the United States and Canada. The Storage and Transportation segment invests in invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; offers solar equipment installation, and plumbing repair and installation services; and holds commercial real estate properties. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.

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