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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.
Revenue by Segment
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
Historical Earnings Impact
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Avg. Return Before/After Earnings
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