New Jersey Resources (NYSE:NJR) Second Quarter 2025 Results
Key Financial Results
- Revenue: US$913.0m (up 39% from 2Q 2024).
- Net income: US$204.3m (up 69% from 2Q 2024).
- Profit margin: 22% (up from 18% in 2Q 2024). The increase in margin was driven by higher revenue.
- EPS: US$2.04 (up from US$1.23 in 2Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
New Jersey Resources Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 25%. Earnings per share (EPS) also surpassed analyst estimates by 27%.
Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Gas Utilities industry in the US.
Performance of the American Gas Utilities industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for New Jersey Resources (1 is a bit unpleasant!) that you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.