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NJR confronted contraction in eps, in the wake of Revenue rise in the January to March 31 2022 span, net profit per share dropped by -35.48 % to $1.00 per share, while Revenue increased widely by 13.729 % to $
912.32 millions, from the same financial reporting period a year ago.
From the previous financial reporting period, profits fell by -13.79 % from $1.16 per share and Revenues surged by 34.99 % from $675.84 millions.
Net earnings of $96.035 millions in the financial period closing March 31 2022 fell by -35.9 % from $149.809 millions in the corresponding period a year before. New Jersey Resources Corporation shifted it's focus on improving sales in the financial period closing March 31 2022, as a result net margin eased to 10.53%.
Operating earnings, fell -30.98% to $138.875 millions, squeezing New Jersey Resources Corporation's operating margin to %.
New Jersey Resources Corporation is expected to report next financial recent numbers on May 04, 2023.