New Jersey Resources reports Q3 adjusted EPS 6c, consensus (3c)

Reports Q3 revenue $298.95M, two estimates $307M. Steve Westhoven, President and CEO of New Jersey Resources (NJR), stated, “We continued to execute on our strategy to drive stable growth through a diversified business model. Our third-quarter results underscore the power of our complementary portfolio and reaffirm the critical role of our physical infrastructure in delivering sustained value. The improvement in net financial earnings and our decision to raise the lower end of our fiscal 2025 NFEPS guidance reflect the strength and resilience of our operations. We remain confident in our long-term growth targets and our ability to deliver consistent performance for shareowners.”