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Jun 30, 2024
NJR Q3 2024 Earnings Report
NJR reported a consolidated net loss and reaffirmed its fiscal 2024 NFEPS guidance.
Key Takeaways
New Jersey Resources Corporation reported a consolidated net loss of $(11.6) million for the third quarter of fiscal 2024, compared to a net income of $1.5 million in the same quarter of the previous year. The company reaffirmed its fiscal 2024 net financial earnings per share (NFEPS) guidance range of $2.85 to $3.00.
Consolidated net loss of $(11.6) million, compared with net income of $1.5 million in the third quarter of fiscal 2023.
Consolidated net financial loss of $(8.9) million, or $(0.09) per share, compared to net financial earnings (NFE) of $9.7 million, or $0.10 per share, in the third quarter of fiscal 2023.
Re-affirmed fiscal 2024 net financial earnings per share (NFEPS) guidance range of $2.85 to $3.00.
NJNG added 5,939 new customers during the first nine months of fiscal 2024.
NJR
NJR
NJR Revenue by Segment
Revenue by Segment
Natural Gas Distribution Revenue
CapyFin.comClean Energy Ventures Revenue
CapyFin.comEnergy Services Revenue
CapyFin.comStorage and Transportation Revenue
CapyFin.comHome Services and Other Revenue
CapyFin.com Forward Guidance
NJR re-affirmed its fiscal 2024 NFEPS guidance range of $2.85 to $3.00, which was increased by $0.15 in February 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income