New Jersey Resources FY26 Q3 net income swings to profit of $9.7 million; NFE rises 82.38% to $11.3 million
Reuters2026/08/03 20:44- New Jersey Resources posted GAAP net income of USD 9.7 million, or USD 0.10 a share, swinging from a net loss a year earlier.
- Non-GAAP net financial earnings rose to USD 11.3 million, or USD 0.11 a share, from USD 6.2 million, or USD 0.06 a share.
- Year-to-date GAAP profit increased 9.51% to USD 351.1 million, or USD 3.48 a share; non-GAAP NFE rose 11.95% to USD 350.9 million.
- Capital expenditures climbed to USD 553 million year-to-date from USD 456.8 million; operating cash flow increased to USD 577.8 million from USD 385.2 million.
- Outlook tightened to fiscal 2026 NFEPS of USD 3.52-USD 3.62; CEO Steve Westhoven cited strength across operations and raised low-end guidance.
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