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New Jersey Resources Corporation (NJR)
NYSE:NJR
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.09Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: -6.84%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive outlook for NJR with strong financial performance, strategic growth in clean energy, and solid customer growth in the utility sector. However, there are concerns regarding potential tariff impacts and regulatory uncertainties that could affect future operations.Company Guidance
During the New Jersey Resources Fiscal 2025 second quarter conference call, the company announced an increase in their fiscal 2025 Net Financial Earnings Per Share (NFEPS) guidance by $0.10, raising it to a range of $3.15 to $3.30 per share. This revision surpasses their long-term growth target of 7% to 9%. Key drivers include strong performance from NJR Energy Services, particularly through the winter market volatility, and benefits from the sale of a residential solar portfolio. The utility, New Jersey Natural Gas, completed the first full quarter under new rates post-base rate case settlement, contributing to higher utility gross margins. The company plans capital expenditures between $1.3 billion and $1.6 billion for fiscal 2025 and 2026, maintaining a capital strategy aligned with their growth targets. Their adjusted funds from operations to adjusted debt ratio is projected to range between 19% and 21%, supporting their investment credit rating and financial flexibility.Strong Performance and Revised Guidance
NJR raised its fiscal 2025 NFEPS guidance by $0.10 a share to a revised range of $3.15 to $3.30 per share, reflecting outperformance in the wholesale gas marketing business and the gain from the sale of the residential solar portfolio.
New Jersey Natural Gas Growth
New Jersey Natural Gas continues to deliver consistent customer growth, driven by new construction activity, system expansions, and city conversions, saving customers nearly $800 million over 10 years through BGSS incentive programs.
Clean Energy Ventures Expansion
31 megawatts of solar capacity added this fiscal year with 60 megawatts under construction and a project pipeline standing at over one gigawatt, largely diversified beyond New Jersey.
Financial Strength and Liquidity
NJR projects a strong balance sheet with an adjusted funds from operations to adjusted debt ratio of 19% to 21% for fiscal 2025, maintaining investment credit rating and strategic capital plan.
NJR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NJR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2025 | $49.10 | $48.74 | -0.73% |
Feb 03, 2025 | $47.63 | $46.08 | -3.25% |
Nov 25, 2024 | $50.54 | $49.77 | -1.52% |
Aug 06, 2024 | $43.74 | $42.29 | -3.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does New Jersey Resources Corporation (NJR) report earnings?
New Jersey Resources Corporation (NJR) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is New Jersey Resources Corporation (NJR) earnings time?
New Jersey Resources Corporation (NJR) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NJR EPS forecast?
NJR EPS forecast for the fiscal quarter 2025 (Q3) is -0.05.