NJR EPS Jumps 167%

New Jersey Resources (NYSE:NJR), a regulated utility and energy infrastructure provider serving New Jersey, reported Q3 FY2025 earnings on August 4, 2025. The main headline was a marked beat on non-GAAP earnings per share (EPS), which came in at $0.06 versus a ($0.05) consensus for Q3 FY2025. Despite this, reported GAAP net income for Q3 FY2025 was negative and deeper than the prior year. The period showcased both improvement on key business lines and ongoing headwinds in certain segments, most notably clean energy and nonutility operations.

Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q2 2025 earnings report.

New Jersey Resources operates a mix of regulated and unregulated energy businesses. Its largest business, New Jersey Natural Gas, delivers natural gas to about 588,000 customers, mostly in affluent and fast-growing New Jersey counties. Other operations include Energy Services (wholesale and retail gas marketing), Clean Energy Ventures (solar power projects), and natural gas storage and transportation assets.

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Source Fool.com