| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 257.99 | 59.8% | 9.9% |
| Total Income | 257.99 | 59.8% | 9.9% |
| Expenditure | 317.29 | 50.3% | 5.8% |
| PBT | 11.47 | 95.9% | 152.8% |
| Net Profit | 9.69 | 95.6% | 164.4% |
| OPM | 12.36% | 34.57pp | 12.81pp |
| NPM | 3.76% | 30.38pp | 10.16pp |
| EPS | 0.10 | 95.4% | 166.7% |
New Jersey Resources Reports Fiscal 2026 Third-Quarter Results
04 Aug 2026 · 4 Aug, 2:08 am
Summary
New Jersey Resources Corporation reported improved financial results for the third fiscal quarter ended June 30, 2026. Consolidated net income for the quarter was $9.7 million ($0.10 per share), a substantial turnaround from a net loss in the prior year, and net financial earnings (NFE) rose to $11.3 million ($0.11 per share). Year-to-date, net income stood at $351.1 million ($3.48 per share) and NFE at $350.9 million ($3.48 per share), both showing increases over fiscal 2025. The company has tightened its fiscal 2026 NFEPS guidance to a range of $3.52 to $3.62, reflecting confidence in its performance.
Key Highlights
- 1
For the fiscal 2026 third quarter, consolidated net income was $9.7 million, or $0.10 per share, a significant improvement from a net loss of $(15.1) million, or $(0.15) per share, in the same period of fiscal 2025.
- 2
Net financial earnings (NFE) for the fiscal 2026 third quarter increased to $11.3 million, or $0.11 per share, compared to $6.2 million, or $0.06 per share, in the prior year's third quarter.
- 3
Year-to-date fiscal 2026 net income reached $351.1 million, or $3.48 per share, up from $320.6 million, or $3.20 per share, in the comparable period of fiscal 2025.
- 4
Fiscal 2026 year-to-date net financial earnings (NFE) totaled $350.9 million, or $3.48 per share, an increase from $313.4 million, or $3.13 per share, in fiscal 2025.
- 5
The company tightened its fiscal 2026 net financial earnings per share (NFEPS) guidance to a range of $3.52 to $3.62.
- 6
New Jersey Natural Gas (NJNG) reported fiscal 2026 third-quarter NFE of $6.1 million, compared to $10.1 million in the prior year, primarily due to higher depreciation expense.
- 7
Clean Energy Ventures (CEV) reported a fiscal 2026 third-quarter net financial loss of $(0.3) million, an improvement from a loss of $(6.9) million in the prior year's quarter.
Management Comments
Steve Westhoven
Our year-to-date performance reflects the continued strength of our diversified business model, supported by solid execution across our operations. We are pleased to raise the lower end of our fiscal 2026 NFEPS guidance, as we remain focused on delivering reliable, affordable energy and long-term value for our shareowners.
Informational and educational content only. Not investment advice.