NJR

New Jersey Resources Corporation (NYSE:NJR) is one of the 10 Best Utility Stocks that Beat Earnings Estimates. On May 4, 2026, New Jersey Resources Corporation (NYSE:NJR) reported fiscal Q2 adjusted EPS of $2.20, ahead of the $1.90 consensus estimate, while revenue totaled $939.4M compared to analyst estimates of $849.95M. President and CEO Steve Westhoven said the company delivered a strong operating performance throughout the winter season, with New Jersey Natural Gas’ hedging strategy helping mitigate costs for customers. Westhoven also said continued outperformance from the Energy Services segment allowed the company to raise its FY26 earnings outlook for the second time this year. New Jersey Resources Corporation (NYSE:NJR) raised its FY26 EPS guidance to $3.48-$3.63 from its prior outlook of $3.28-$3.43, compared to consensus estimates of $3.37. Pixabay/Public Domain Before the earnings release, Mizuho analyst Gabriel Moreen raised the firm’s price target on New Jersey Resources Corporation (NYSE:NJR) to $61 from $54 previously while maintaining an Outperform rating on the shares. The firm raised its 2026 earnings estimates toward the high end of the company’s guidance range and said Energy Services likely benefited from elevated natural gas price volatility during the quarter. New Jersey Resources Corporation (NYSE:NJR) operates as an energy services holding company focused primarily on natural gas distribution. While we acknowledge the potential of NJR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.

Image source: The Motley Fool. Tuesday, May 5, 2026 at 10:00 a.m. ET President and Chief Executive Officer — Stephen D. Westhoven Senior Vice President and Chief Financial Officer — Roberto Bel Vice President, Investor Relations — Adam Prior Need a quote from a Motley Fool analyst? Email [email protected] Adam Prior: Thank you. Welcome to New Jersey Resources Fiscal 2026 Second Quarter and First Half Conference Call and Webcast. I'm joined here today by Steve Westhoven, our President and CEO; Roberto Bel, our Senior Vice President and Chief Financial Officer; as well as other members of our senior management team. Certain statements in today's call contain estimates and other forward-looking statements within the meaning of the securities laws. We wish to caution listeners of this call that the current expectations, assumptions and beliefs forming the basis for our forward-looking statements include many factors that are beyond our ability to control or estimate precisely. This could cause results to materially differ from our expectations as found on Slide 2. These items can also be found in the forward-looking statements section of yesterday's earnings release furnished on Form 8-K and in our most recent Forms 10-K and 10-Q as filed with the SEC. We do not, by including this statement, assume any obligation to review or revise any particular forward-looking statement referenced herein in light of future events. We will also be referring to certain non-GAAP financial measures such as Net Financial Earnings or NFE. We believe that NFE, net financial loss, utility gross margin, financial margin, adjusted funds from operations and adjusted debt provide a more complete understanding of our financial performance. However, these non-GAAP measures are not intended to be a substitute for GAAP. Our non-GAAP financial measures are discussed more fully in Item 7 of our 10-K. The slides for today's presentation are available on our website and were furnished on our Form 8-K filed yesterday. Steve will start with this quarter's highlights and business unit overview beginning on Slide 5. Roberto will then review our financial results. Then we'll open it up for your questions. With that said, I'll turn the call over to our President and CEO, Steve Westhoven. Please go ahead, Steve. Stephen D. Westhoven: Thanks, Adam. NJR reported excellent second quarter results during one of t...

Image source: The Motley Fool. Thursday, November 20, 2025 at 10 a.m. ET President and Chief Executive Officer — Stephen D. Westhoven Senior Vice President and Chief Financial Officer — Roberto Bel Managing Director, Investor Relations — Adam Prior Need a quote from a Motley Fool analyst? Email [email protected] Adam Prior: Thank you. Welcome to New Jersey Resources Fiscal 2025 Fourth Quarter and Year-End Conference Call and Webcast. I'm joined here today by Steve Westhoven, our President and CEO; Roberto Bel, our Senior Vice President and Chief Financial Officer; as well as other members of our senior management team. Certain statements in today's call contain estimates and other forward-looking statements within the meaning of the securities laws. We wish to caution listeners of this call that the current expectations, assumptions and beliefs forming the basis of our forward-looking statements include many factors that are beyond our ability to control or estimate precisely. This could cause results to materially differ from our expectations as found on Slide 2. These items can also be found in the forward-looking statements section of yesterday's earnings release. Furnished on Form 8-K and in our most recent Forms 10-K and 10-Q as filed with the SEC. We do not, by including this statement, assume any obligation to review or revise any particular forward-looking statement referenced herein in light of future events. We'll also be referring to certain non-GAAP financial measures such as net financial earnings or NFE. We believe that NFE net financial loss utility gross margin, financial margin, adjusted funds from operations and adjusted debt provide a more complete understanding of our financial performance. However, these non-GAAP measures are not intended to be a substitute for GAAP. Our non-GAAP financial measures are discussed more fully in Item 7 of our 10-K. The plan for today's presentation are available on our website and were furnished on our Form 8-K filed yesterday. Steve will start with this year's highlights and a business unit overview beginning on Slide 5. Roberto will then review our financial results. Then we will open it up for your questions. With that said, I will turn the call over to our President and CEO, Steve Westhoven. Please go ahead, Steve. Stephen D. Westhoven: Thanks, Adam, and good morning, everyone. I hope you all had a chance to...

New Jersey Resources (NJR) came out with quarterly earnings of $2.2 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $1.76 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.40%. A quarter ago, it was expected that this energy services holding company would post earnings of $0.95 per share when it actually produced earnings of $1.17, delivering a surprise of +23.16%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. New Jersey Resources, which belongs to the Zacks Utility - Gas Distribution industry, posted revenues of $939.4 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 10.55%. This compares to year-ago revenues of $913.03 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. New Jersey Resources shares have added about 21.4% since the beginning of the year versus the S&P 500's gain of 5.6%. While New Jersey Resources has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for New Jersey Resources was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future....

Increases Net Financial Earnings Guidance for Fiscal 2026 Due to Energy Services' Continued Outperformance WALL, N.J., May 04, 2026--(BUSINESS WIRE)--New Jersey Resources Corporation (NYSE: NJR) today reported financial and operating results for its fiscal 2026 second quarter ended March 31, 2026. Financial Highlights: Fiscal 2026 second-quarter consolidated net income of $218.9 million, or $2.17 per share, compared with $204.3 million, or $2.04 per share, in the second quarter of fiscal 2025 Fiscal 2026 second-quarter consolidated net financial earnings (NFE), a non-GAAP financial measure, of $221.5 million, or $2.20 per share, compared with $178.3 million, or $1.78 per share, in the second quarter of fiscal 2025 Fiscal 2026 year-to-date net income totaled $341.4 million, or $3.39 per share, compared with $335.6 million, or $3.35 per share, for the same period in fiscal 2025 Fiscal 2026 year-to-date NFE totaled $339.6 million, or $3.37 per share, compared with $307.2 million, or $3.07 per share, for the same period in fiscal 2025 Fiscal 2026 Outlook Increases fiscal 2026 net financial earnings per share (NFEPS) guidance to a range of $3.48 to $3.63, from $3.28 to $3.43, a $0.20 increase, as a result of the continued strong performance of Energy Services. This marks the second increase to fiscal 2026 guidance, following a $0.25 increase announced in February 2026. Maintains 7 to 9 percent long-term net financial earnings per share (NFEPS) growth target, starting from a fiscal 2025 base of $2.83 per share* * 7% - 9% growth would imply a NFEPS range of $3.03 - $3.08 in fiscal 2026 Management Commentary Steve Westhoven, President and CEO of New Jersey Resources, stated, "Our exceptional operating performance throughout the winter season delivered reliable service, while New Jersey Natural Gas' strong hedging program helped mitigate costs for our customers. Additionally, as a result of Energy Services' continued outperformance, we were able to increase our fiscal 2026 NFEPS guidance for the second time this year." Fiscal 2026 NFEPS Guidance and Expected NFE Contributions by Segment NJR is raising its fiscal 2026 NFEPS guidance range by $0.20 to a range of $3.48 to $3.63, subject to the risks and uncertainties identified below under "Forward-Looking Statements." The following chart represents NJR’s current expected NFE contributions from its business segments for...

WALL, N.J. (AP) — WALL, N.J. (AP) — New Jersey Resources Corp. (NJR) on Monday reported net income of $218.9 million in its fiscal second quarter. The Wall, New Jersey-based company said it had profit of $2.16 per share. Earnings, adjusted for one-time gains and costs, were $2.20 per share. The energy services holding company posted revenue of $939.4 million in the period. New Jersey Resources expects full-year earnings in the range of $3.48 to $3.63 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

New Jersey Resources (NJR) reported late Monday a fiscal Q2 net financial earnings of $2.20 per shar

Performance was driven by record-high gas send-out days during sustained freezing temperatures in January and February, validating years of disciplined infrastructure investment. The Energy Services segment delivered exceptional results by capturing market opportunities during the demanding winter period, leading to a second guidance increase for the fiscal year. New Jersey Natural Gas mitigated customer exposure to extreme price volatility by entering the winter 87% hedged, avoiding Citygate prices that exceeded $135 per dekatherm. Storage and Transportation growth is underpinned by strong recontracting activity at Adelphia and Leaf River with high-quality, credit-weighted counterparties. Clean Energy Ventures (CEV) is shifting toward a more selective investment strategy, targeting high single to low double-digit unlevered after-tax returns. The company is leveraging its diversified model to fund capital plans internally, with Energy Services' cash flow reducing the need for external equity financing. Fiscal 2026 NFEPS guidance was raised to a range of $3.48 to $3.62, reflecting the full capture of winter performance through March. Storage and Transportation earnings are projected to more than double over the next two years, driven by fixed-price, fee-based recontracting. CEV expects to increase installed solar capacity by 50% through fiscal 2027, supported by a 1.2 gigawatt project pipeline. The Leaf River expansion is on track for fiscal 2027-2028 service, with FERC environmental assessments received and long-term contracts securing initial phases. Management reaffirmed a long-term net growth target of 7% to 9% through fiscal 2030, supported by a $4.8 billion to $5.2 billion capital plan. The Basic Gas Supply Service incentive program generated over $93 million in gross customer savings during the winter season. CEV surpassed a milestone of 500 megawatts of in-service capacity during the quarter. Management indicated a potential shift in financing strategy for solar, evaluating tax credit transferability alongside traditional sale-leaseback structures. The company successfully expanded its regulated footprint by formally including Chester Township in its service territory. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management noted that solar rema...

Wall Street expects a year-over-year increase in earnings on higher revenues when MDU Resources (MDU) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 7. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This energy, mining, construction and utilities company is expected to post quarterly earnings of $0.42 per share in its upcoming report, which represents a year-over-year change of +5%. Revenues are expected to be $702.32 million, up 4.1% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 5.56% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However...

Earlier this month, New Jersey Resources’ board unanimously declared a quarterly dividend of US$0.475 per share, payable on July 1, 2026, to shareholders of record as of June 10, 2026. This dividend decision comes as analysts highlight the company’s pattern of outperforming earnings expectations and a positive Earnings ESP, which is fueling investor attention ahead of its May 4, 2026 earnings release. Against this backdrop of a newly declared dividend and optimistic earnings signals, we'll examine how these developments reshape New Jersey Resources' investment narrative. AI is about to change healthcare. These 33 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. To own New Jersey Resources, you need to be comfortable with a regulated gas utility that is trying to grow through clean energy and efficiency investments while managing policy and demand risks tied to natural gas. The newly affirmed US$0.475 dividend supports the appeal of stable income, but it does not materially change the near term focus on whether upcoming earnings and regulatory outcomes can support ongoing capital spending without stretching cash flows. The most relevant recent announcement here is the raised FY2026 NFEPS guidance to US$3.28 to US$3.43, alongside reiteration of a 7% to 9% long term growth target. Together with the positive Earnings ESP ahead of the May 4, 2026 report, this frames earnings execution as the key short term catalyst against longer term risks around capital intensity and policy for gas and renewables. Yet even with rising dividends and higher earnings guidance, investors should be aware of the risk that... Read the full narrative on New Jersey Resources (it's free!) New Jersey Resources' narrative projects $2.4 billion revenue and $387.2 million earnings by 2029. Uncover how New Jersey Resources' forecasts yield a $56.17 fair value, in line with its current price. One member of the Simply Wall St Community currently values New Jersey Resources at US$56.17, underscoring how individual views can differ from analyst targets. You should weigh that against the company’s dependence on capital intensive gas and clean energy projects that require supportive regulation and robust cash generation over time. Explore another fair value estimate on New Jersey Re...

New Jersey Resources (NJR) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on May 4, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This energy services holding company is expected to post quarterly earnings of $1.63 per share in its upcoming report, which represents a year-over-year change of -7.4%. Revenues are expected to be $840.97 million, down 7.9% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positi...