New Jersey Resources reports Q2 adjusted EPS $1.78, consensus $1.62

Reports Q2 revenue $913.03M vs $657.91M last year. Steve Westhoven, President and CEO of New Jersey Resources (NJR), stated, “We continued to execute our strategy to deliver stable growth through our diversified business model. Our second-quarter performance exceeded expectations, largely driven by natural gas price volatility that benefited Energy Services during the winter period. Overall, we believe these results highlight the strength of our complementary portfolio and the value of our physical infrastructure.”