Earnings Forecast Research on NewJersey Resources Corporation (NJR)

NewJersey Resources Corporation has received $0.59 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $0.57 while the top line estimate is $0.6 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 5.36%.

NewJersey Resources Corporation reported better than expected with a surprise EPS of % or $-0.02 during its most recent quarterly earnings. The Actual EPS was $-0.02 compared to the Estimated EPS of $0. Wall based NewJersey Resources Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 08, 2017.

In the last quarter, NewJersey Resources Corporation reported Annual Earnings of $-0.02. Based on the filings, last years Annual Earnings was, $1.61. The consensus estimate for current quarter is $0.59 and for the current fiscal year, the estimate is $1.7. For the Next fiscal year, the estimate is $1.86 based on the consensus.

NewJersey Resources Corporation (NYSE:NJR) : On Tuesday heightened volatility was witnessed in NewJersey Resources Corporation (NYSE:NJR) which led to swings in the share price. The stock opened for trading at $36.85 and hit $37.875 on the upside , eventually ending the session at $37.7, with a gain of 2.31% or 0.85 points. The heightened volatility saw the trading volume jump to 1,644,856 shares. The 52-week high of the share price is $38.92 and the company has a market cap of $3,249 million. The 52-week low of the share price is at $30.46 .

NJ RESOURCES is an exempt energy svcs holding company providing retail & wholesale natural gas & related energy services to customers from the Gulf Coast to New England. Subsidiaries include: (1) N J Natural Gas Co, a natural gas distribution company that provides regulated energy & appliance services to residential, commercial & industrial customers in central & northern N J. (2) NJR Energy Holdings Corp formerly NJR Energy Svcs Corp & (3) NJR Development Corp, a sub-holding company of NJR, which includes the Companys remaining unregulated operating subsidiaries.

NewJersey

Share this post

Leave a Reply