New Jersey Resources Corp. reported a fourth-quarter profit of $15.07 million, or $0.15 per share, a decrease from last year’s $91.12 million, or $0.91 per share. Adjusted earnings were $16.22 million, or $0.16 per share, missing analyst estimates of $0.19 per share. Revenue for the period dropped 15.1% to $336.07 million from $395.78 million last year. The company provided next quarter EPS guidance of $3.03 – $3.18.

Read more at Nasdaq.: New Jersey Resources Corp. Q4 Profit Decreases, Misses Estimates