New Jersey Resources Reports Strong Fiscal 2025 Results
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New Jersey Resources Corporation reported strong fiscal 2025 results, with annual net income rising to $335.6 million, or $3.35 per share, from $289.8 million, or $2.94 per share, last year. The company achieved the high end of its net financial earnings guidance for the fifth consecutive year. Key highlights include a $98 million investment in energy efficiency and 93 megawatts of solar capacity added. Despite a decrease in Q4 net income, NJR targets 7-9% growth in net financial earnings per share, with fiscal 2026 guidance of $3.03-$3.18.
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