Analyst Research

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Provider: Thomson Reuters Stock Report
Provider: Stock Traders Daily
Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

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New Jersey Resources Corp raises FY 2014 earnings outlook; gives Q3, Q4 2014 earnings outlook

Wednesday, 16 Jul 2014 08:00am EDT 

New Jersey Resources Corp:Increases FY 2014 net financial earnings (NFE) guidance to a range of $4.00 to $4.20 per basic share, from the previously announced range of $3.90 to $4.10 per basic share.Expects Q3 2014 NFE per share of between $0.05 and $0.15.Expects Q4 2014 NFE loss of between $0.50 and $0.60 per share.The forecasted loss in the Q4 is due to the seasonal nature of NJRES and NJNG's businesses and higher discretionary expenses, including the estimated impact of a voluntary early retirement program.FY 2014 EPS of $4.14 - Thomson Reuters I/B/E/S. 

Company Quote

1.33 +2.22%
26 Dec 2014