New Jersey Resources NJR reported its Q3 earnings results on Thursday, August 4, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
New Jersey Resources missed estimated earnings by 166.67%, reporting an EPS of $-0.04 versus an estimate of $0.06.
Revenue was up $184.74 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 1.32% increase in the share price the next day.
Here's a look at New Jersey Resources's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 1.28 | 0.72 | 0.08 | -0.11 |
EPS Actual | 1.36 | 0.69 | 0.07 | -0.15 |
Revenue Estimate | 882.50M | 444.00M | 380.50M | 309.00M |
Revenue Actual | 912.32M | 675.84M | 532.53M | 367.59M |
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 2022, expecting earnings between $2.4 and $2.5 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.