New Jersey Resources Q2 Net Income $218.9M, Revenue $939.4M, Raises Full-Year EPS Guidance
New Jersey Resources posted fiscal Q2 net income of $218.9 million, or $2.16 per share (adjusted $2.20), on revenue of $939.4 million. The company forecasts full-year EPS of $3.48 to $3.63.
1. Q2 Financial Performance
New Jersey Resources recorded net income of $218.9 million in its fiscal second quarter, generating revenue of $939.4 million during the period.
2. EPS and Adjustments
GAAP earnings per share were $2.16, while adjusted EPS excluding one-time items rose to $2.20, reflecting core business contributions.
3. Full-Year EPS Guidance
The company projects full-year earnings between $3.48 and $3.63 per share, setting expectations for profitability in the upcoming fiscal year.