{"id":2292,"date":"2010-11-24T13:06:00","date_gmt":"2010-11-24T13:06:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/new-jersey-resources-corp-announces-53-percent-higher-revenue\/2292\/"},"modified":"2010-11-24T13:06:00","modified_gmt":"2010-11-24T13:06:00","slug":"new-jersey-resources-corp-announces-53-percent-higher-revenue","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/new-jersey-resources-corp-announces-53-percent-higher-revenue\/2292\/","title":{"rendered":"New Jersey Resources Corp. Announces 53 Percent Higher Revenue"},"content":{"rendered":"<p><strong>New Jersey Resources Corp<\/strong>. (<a href=\"https:\/\/stockmarketwatch.com\/markets\/nyse\/today.aspx\" data-internallinksmanager029f6b8e52c=\"2\" title=\"NYSE Today\">NYSE<\/a>:<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=NJR\"><strong>NJR<\/strong><\/a>) has reported strong results for its fiscal fourth quarter of the year. The company has announced that it earned 4 cents per share in the fourth quarter, up from a loss of 45 cents per share it had incurred during the corresponding quarter of the last year. The company\u2019s total income for the quarter is at $1.5 million, up from a loss of $18.9 million, a year earlier.<\/p>\n<p>* New Jersey Resources Corp. has announced $117.5 million for its full year earnings.<br \/>\n* New Jersey Resources Corp. has more than quadrupled its annual earnings.<\/p>\n<p>The company said that its annual earnings per share stood at $2.82, up from 64 cents per share for the preceding year. However, the company also reported the net financial loss for the quarter at 3 cents per share. The company was expected to report 2 cents per share in the earnings. The revenue was expected to be at $556.4 million. The company, however, surpassed the expectations by reporting its revenue at $631.5 million, up from $412.6 million a year earlier. The company grew its quarterly revenue by 53 percent.<\/p>\n<p><span id=\"more-2292\"><\/span><\/p>\n<p>Key Financial Stats<\/p>\n<p>Valuation<\/p>\n<p>* Price\/Earnings(TTM)16.10<br \/>\n* Price\/Cash Flow12.30<br \/>\n* Price\/Sales (TTM)0.72<br \/>\n* Price\/Book2.36<\/p>\n<p>Financial Strength<\/p>\n<p>* Quick Ratio (MRQ)0.50<br \/>\n* Current Ratio (MRQ)1.30<br \/>\n* LT Debt to Equity (MRQ)0.59<br \/>\n* Total Debt to Capital (MRQ)0.85<br \/>\n* Return on Equity14.90<\/p>\n<p>Assets<\/p>\n<p>* Asset Turnover1.00<br \/>\n* Asset per Employee.7M<br \/>\n* Inventory Turnover8.60<\/p>\n<p>Per Share Data<\/p>\n<p>* Earnings (TTM)2.64<br \/>\n* Current P\/E Ratio1.30<br \/>\n* Cash Flow3.46<br \/>\n* Annual Dividend1.44<br \/>\n* Book Value17.99<br \/>\n* EBITDA7.90<\/p>\n<p>Profitability<\/p>\n<p>* Market Cap2.64<br \/>\n* Gross Margin (TTM)13.10<br \/>\n* Operating Margin (TTM)7.90<br \/>\n* Profit Margin (TTM) 4.60<\/p>\n<p>Management Effectiveness<\/p>\n<p>* Return on Equity (TTM)14.90%<br \/>\n* Return on Assets (TTM)4.50%<br \/>\n* Return on Investment (TTM)9.40%<\/p>\n<p>No related posts.<\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n<div style=\"padding:0px;margin:0px;margin-bottom:15px;\">\n<div style=\"width:338px;height:280px;\">\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW Single Post - Footer *\/\ngoogle_ad_slot = \"9968072899\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<\/div>\n<p><br style=\"clear:both\">\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Jersey Resources Corp. (NYSE:NJR) has reported strong results for its fiscal fourth quarter of the year. The company has [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[6],"tags":[1460],"class_list":["post-2292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot-stocks-to-watch","tag-njr"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/2292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=2292"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/2292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=2292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=2292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=2292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}