New Jersey Resources: Fiscal Q2 Earnings Snapshot

May 5, 2022 GMT

WALL TOWNSHIP, N.J. (AP) _ New Jersey Resources Corp. (NJR) on Thursday reported fiscal second-quarter net income of $96 million.

On a per-share basis, the Wall Township, New Jersey-based company said it had profit of $1. Earnings, adjusted for non-recurring costs, were $1.36 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.27 per share.

The energy services holding company posted revenue of $912.3 million in the period.


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