Description
New Jersey Resources Corporation: Initiation of Coverage – Infrastructure Expansion and Capital Investments Driving Growth!
New Jersey Resources recently disclosed its second-quarter results, affirming the company’s continuing momentum in fiscal 2024. Key highlights include net financial earnings (NFE) of $1.41 per share, with a reaffirmed NFEPS guidance range of $2.85 to $3 for the fiscal year. This outperformance is primarily due to robust contributions from the Energy Services segment and solid earnings from its core business segments, portraying a strong financial posture.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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