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New Jersey Resources Reports Fiscal 2025 Second-Quarter Results

1. NJR reports Q2 2025 net income of $204.3 million, up from $120.8 million last year. 2. Consolidated net financial earnings increased to $178.3 million, indicating strong performance.

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-0.83%S&P 500
$49.105/05 04:49 PM EDTEvent Start
$48.7405/06 11:22 PM EDTLatest Updated
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FAQ

Why Very Bullish?

NJR's significant year-over-year income growth is a positive indicator for investor confidence, reminiscent of similar trends seen in successful utility companies that experienced increased revenues and share prices during robust operational performances.

How important is it?

The reported earnings showcase strong financial health, which is critical for current and potential investors in NJR, thus carrying high relevance to price movements.

Why Short Term?

The immediate positive financial results could drive short-term investor interest and buying activity, similar to past earnings reports that have led to quick gains in stock prices.

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XELDTEPEG
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources Corporation (NYSE: NJR) today reported financial and operating results for its fiscal 2025 second quarter ended March 31, 2025. Highlights include: Fiscal 2025 second-quarter consolidated net income of $204.3 million, or $2.04 per share, compared with net income of $120.8 million, or $1.23 per share, in the second quarter of fiscal 2024 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $178.3 million, or $1.78 per share.

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