New Jersey Resources: Q2 Earnings Insights

New Jersey Resources NJR reported its Q2 earnings results on Thursday, May 4, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

New Jersey Resources missed estimated earnings by 4.13%, reporting an EPS of $1.16 versus an estimate of $1.21.

Revenue was down $268.29 million from the same period last year.

Last quarter the company beat on EPS by $0.42 which was followed by a 1.7% increase in the share price the next day.

Here's a look at New Jersey Resources's past performance:

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	0.72	0.43	0.06	1.28
EPS Actual	1.14	0.50	-0.04	1.36
Revenue Estimate	578.66M	428.91M	412.43M	882.50M
Revenue Actual	723.57M	765.49M	552.34M	912.32M

To track all earnings releases for New Jersey Resources visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.