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New Jersey Resources (NJR) is poised to report its earnings on November 19, with market participants keenly observing how the company navigates the evolving energy landscape. Despite the absence of recent news, the focus will be on NJR's ability to sustain its growth trajectory, particularly in light of its strategic investments in renewable energy and infrastructure. Analysts are projecting an EPS of $0.16, while the whisper number suggests a slightly more optimistic $0.20, indicating a positive sentiment among investors. With a revenue estimate of $304.64 million and a market cap of approximately $4.48 billion, NJR's performance will be scrutinized for signs of resilience and adaptability. Investors will be particularly interested in how the company leverages its assets to drive future growth, potentially setting the stage for a robust fiscal year ahead.
New Jersey Resources Corporation, an energy services portfolio company, provides regulated gas distribution and retail and wholesale energy services. The company is headquartered in Wall, New Jersey.
Website: https://www.njresources.com
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