New Jersey Resources 5/5/2025 Earnings Report

New Jersey Resources EPS Results

• Actual EPS: $1.78
• Consensus EPS: $1.65
• Beat/Miss: Beat by +$0.13
• One Year Ago EPS: $1.41

New Jersey Resources Revenue Results

• Actual Revenue: $913.03 million
• Expected Revenue: $732.00 million
• Beat/Miss: Beat by +$181.03 million
• YoY Revenue Growth: +38.80%

New Jersey Resources Announcement Details

• Date: 5/5/2025
• Time: Before Market Opens
• Conference Call Date: N/A
• Conference Call Time: N/A

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.