New Jersey Resources (NYSE:NJR) released its Q1 earnings on Monday, February 3, 2025 at 04:30 PM.

Here's what's important from the earnings announcement.

Earnings

New Jersey Resources beat estimated earnings by 22.0%, reporting an EPS of $1.29 versus an estimate of $1.06.

Revenue was up $21.15 million from the same period last year.

Previous Earnings Records

The company beat on EPS by $0.01 in the previous quarter, leading to a 2.0% drop share price change the next day.

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

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

New Jersey Resources management provided guidance for FY 2025, expecting earnings between $3.05 and $3.2 per share.

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.