New Jersey Resources Corp. (NYSE:NJR) announced its earnings results on Monday. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.01, American Banking News.com reports. The company had revenue of $615.50 million for the quarter, compared to the consensus estimate of $580.21 million. During the same quarter in the prior year, the company posted ($0.27) earnings per share. The company’s quarterly revenue was up 29.1% on a year-over-year basis. New Jersey Resources Corp. updated its FY14 guidance to $2.75-2.95 EPS.
Shares of New Jersey Resources Corp. (NYSE:NJR) opened at 45.78 on Tuesday. New Jersey Resources Corp. has a one year low of $38.61 and a one year high of $47.60. The stock’s 50-day moving average is $45.12 and its 200-day moving average is $44.37. The company has a market cap of $1.894 billion and a P/E ratio of 15.19.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, January 2nd. Shareholders of record on Friday, December 13th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date of this dividend is Wednesday, December 11th.
New Jersey Resources Corporation (NYSE:NJR) is an energy services holding company providing retail and wholesale energy services to customers in states from the Gulf Coast and Mid-Continent regions to the Appalachian and Northeast regions, the West Coast and Canada.
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