New Jersey Resources Corp. Announces 53 Percent Higher Revenue

New Jersey Resources Corp. (NYSE:NJR) 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’s total income for the quarter is at $1.5 million, up from a loss of $18.9 million, a year earlier.

* New Jersey Resources Corp. has announced $117.5 million for its full year earnings.
* New Jersey Resources Corp. has more than quadrupled its annual earnings.

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.

Key Financial Stats

Valuation

* Price/Earnings(TTM)16.10
* Price/Cash Flow12.30
* Price/Sales (TTM)0.72
* Price/Book2.36

Financial Strength

* Quick Ratio (MRQ)0.50
* Current Ratio (MRQ)1.30
* LT Debt to Equity (MRQ)0.59
* Total Debt to Capital (MRQ)0.85
* Return on Equity14.90

Assets

* Asset Turnover1.00
* Asset per Employee.7M
* Inventory Turnover8.60

Per Share Data

* Earnings (TTM)2.64
* Current P/E Ratio1.30
* Cash Flow3.46
* Annual Dividend1.44
* Book Value17.99
* EBITDA7.90

Profitability

* Market Cap2.64
* Gross Margin (TTM)13.10
* Operating Margin (TTM)7.90
* Profit Margin (TTM) 4.60

Management Effectiveness

* Return on Equity (TTM)14.90%
* Return on Assets (TTM)4.50%
* Return on Investment (TTM)9.40%

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