New Jersey Resources: Fiscal 2Q Earnings Snapshot

Associated Press
Updated ·1 min read

WALL TOWNSHIP, N.J. (AP) _ New Jersey Resources Corp. (NJR) on Friday reported fiscal second-quarter profit of $88.5 million.

On a per-share basis, the Wall Township, New Jersey-based company said it had profit of 92 cents. Earnings, adjusted for non-recurring costs, came to $1.12 per share.

The energy services holding company posted revenue of $639.6 million in the period.

New Jersey Resources expects full-year earnings in the range of $2.05 to $2.15 per share.

New Jersey Resources shares have decreased 25% since the beginning of the year. The stock has dropped 33% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NJR at https://www.zacks.com/ap/NJR