
New Jersey Resources Corp NJR.N, NJR is expected to show a rise in quarterly revenue when it reports results on February 3 for the period ending December 31 2024
The Belmar New Jersey-based company is expected to report a 60.5% increase in revenue to $750 million from $467.21 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for New Jersey Resources Corp is for earnings of $1.07 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for New Jersey Resources Corp is $54.00, above its last closing price of $47.89.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.88 | 0.88 | 0.89 | Beat | 1.5 |
Jun. 30 2024 | -0.02 | -0.02 | -0.09 | Missed | -275 |
Mar. 31 2024 | 1.32 | 1.33 | 1.41 | Beat | 6 |
Dec. 31 2023 | 0.62 | 0.75 | 0.74 | Missed | -0.9 |
Sep. 30 2023 | 0.29 | 0.30 | 0.30 | Met | 0.6 |
Jun. 30 2023 | -0.05 | -0.04 | 0.10 | Beat | 350 |
Mar. 31 2023 | 1.21 | 1.21 | 1.16 | Missed | -4.1 |
Dec. 31 2022 | 0.72 | 0.72 | 1.14 | Beat | 58 |
This summary was machine generated January 31 at 21:33 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)