New Jersey Resources Q1 profit rises to $1.32 per share; fiscal 2025 guidance kept
New Jersey Resources reported first-quarter fiscal 2025 net income of $131.3 million, or $1.32 per share, up from $89.4 million, or $0.91 per share, a year earlier. The gain was helped by a one-time $54.9 million pre-tax gain from the sale of its residential solar portfolio, and the company kept its fiscal 2025 net financial earnings per share guidance of $3.05 to $3.20.
Key points
- Net income of $131.3 million, or $1.32 per share, versus $89.4 million, or $0.91 per share, in the prior-year quarter
- Net financial earnings of $128.9 million, or $1.29 per share, versus $72.4 million, or $0.74 per share
- Fiscal 2025 NFEPS guidance maintained at $3.05 to $3.20, which includes the one-time solar sale gain
- Webcast presentation scheduled for February 4, 2025, at 10 a.m. ET
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.