According to Benzinga Pro data New Jersey Resources (NYSE:NJR) posted a 13.72% decrease in earnings from Q1. Sales, however, increased by 34.99% over the previous quarter to $912.32 million. Despite the increase in sales this quarter, the decrease in earnings may suggest New Jersey Resources is not utilizing their capital as effectively as possible. New Jersey Resources reached earnings of $111.31 million and sales of $675.84 million in Q1.
