New Jersey Resources Non-GAAP EPS of $2.70 beats by $0.01

• New Jersey Resources press release (NYSE:NJR): FY Non-GAAP EPS of $2.70 beats by $0.01.
• Consolidated net income of $264.7 million for fiscal 2023, compared with net income of $274.9 million in fiscal 2022
• Consolidated net financial earnings, a non-GAAP financial measure, of $261.8 million, or $2.70 per share, compared to NFE of $240.3 million, or $2.50 per share, in fiscal 2022
• Increased fiscal 2024 dividend by 7.7% to $1.68 per share

• Outlook for Fiscal 2024: Introduces fiscal 2024 net financial earnings per share guidance range of $2.70 to $2.85; Maintains long-term projected NFEPS growth rate of 7 to 9 percent

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