Investing.com - NewJersey Resources reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NewJersey Resources announced earnings per share of $0.50 on revenue of $765.49M. Analysts polled by Investing.com anticipated EPS of $0.45 on revenue of $428.91M.
NewJersey Resources shares are up 9.16% from the beginning of the year and are trading at $44.82 , down-from-52-week-high.
NewJersey Resources follows other major Utilities sector earnings this month
NewJersey Resources's report follows an earnings beat by NextEra Energy on October 28, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on November 4 with third quarter EPS of $1.78 on revenue of $7.97B, compared to forecast for EPS of $1.84 on revenue of $7,388M.
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