Skip to main content

New Jersey Resources: Fiscal Q1 Earnings Snapshot

WALL, N.J. (AP) — WALL, N.J. (AP) — New Jersey Resources Corp. (NJR) on Monday reported fiscal first-quarter profit of $122.5 million.

The Wall, New Jersey-based company said it had net income of $1.21 per share. Earnings, adjusted for non-recurring gains, came to $1.17 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.

The energy services holding company posted revenue of $604.9 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $516 million.

New Jersey Resources expects full-year earnings in the range of $3.28 to $3.43 per share.

_____

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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related Stories

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary