New Jersey Resources Corp NJR.N, NJR is expected to show a rise in quarterly revenue when it reports results on November 25 for the period ending September 30 2024
The Belmar New Jersey-based company is expected to report a 22.8% increase in revenue to $407 million from $331.33 million a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for New Jersey Resources Corp is for earnings of 88 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "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 $51.00, above its last closing price of $49.85.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
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 |
Sep. 30 2022 | 0.46 | 0.43 | 0.50 | Beat | 17.2 |
This summary was machine generated November 22 at 21:17 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)
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