South Jersey Industries 1Q Profit Rises 28 Percent
Stock quotes in this article:
SJI
FOLSOM, N.J. (AP) South Jersey Industries Inc. said Monday its profit climbed 28 percent in the first quarter on strong results from its asset management, marketing and on-site management energy production businesses.
Earnings available to common shareholders rose to $31.6 million, or $1.06 per share, compared with $24.7 million, or 83 cents per share, a year earlier. Adjusted profit was $43.7 million, or $1.46 per share, which beat the $1.33 per-share estimate of analysts surveyed by Thomson Reuters. Analysts typically exclude one-time items from their estimates. Revenue for the period ended March 31 edged up 4 percent to $362.2 million from $348 million. Shares of South Jersey Industries added 18 cents to $35.24 in morning trading.- Loading Comments...
- Loading Comments...
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,209.33 | 1,089.03 | 2,144.24 | 34.97 |
Oil *
76.62
|
|
DOWN
17.61
|
DOWN
4.04
|
DOWN
9.82
|
UP
0.11
|
10 Yr
3.50%
SPDR Gold
108.06
|
|
-0.17%
|
-0.37%
|
-0.46%
|
+0.32%
|
Data delayed 20 minutes |
