Answer
The press release you referenced only provides the financial results for New Jersey Resources Corp. (NJR) for fiscal 2025’s third quarter and the year‑to‑date period ending June 30 2025. It includes the following key figures:
| Metric | Q3 FY2025 | Q3 FY2024 (comparison) |
|---|---|---|
| Consolidated net loss | $(15.1) million (‑$0.15 per share) | $(11.6) million (‑$0.12 per share) |
| Consolidated Net Financial Earnings (NFE) – non‑GAAP | $6.2 million | (not disclosed) |
What the release does not contain
- No explicit cash‑flow or liquidity guidance for the next quarters.
- No statements about expected operating cash generation, capital‑expenditure plans, debt‑service capacity, or balance‑sheet targets.
- No commentary from management on how the Q3 results will affect future cash‑flow or liquidity positioning.
What can be inferred from the data
Net loss deepening – The net loss widened from $11.6 million in Q3 FY2024 to $15.1 million in Q3 FY2025, indicating higher expenses or lower revenues in the quarter. A larger loss can put pressure on cash reserves unless it is offset by strong cash‑generating activities.
Positive Net Financial Earnings (NFE) – The company reported $6.2 million of NFE, a non‑GAAP measure that typically reflects earnings after interest, taxes, depreciation, and amortization (EBITDA)‑type cash‑flow items. A positive NFE suggests that, despite the GAAP loss, the core operations still generated cash (or cash‑equivalent earnings) in the quarter.
Liquidity considerations
- Cash‑flow generation: The positive NFE indicates that the business may have sufficient operating cash to service short‑term obligations, even when the GAAP loss is larger.
- Liquidity risk: The widening net loss could erode cash balances if it is not fully offset by cash‑generating activities, capital‑expenditure deferrals, or financing activities (e.g., debt issuances or equity offerings).
Bottom line
- The press release does not provide a direct management outlook for cash flow or liquidity in the upcoming quarters.
- However, the combination of a deeper net loss and a positive NFE suggests that management is likely monitoring cash‑generation closely and may be relying on the underlying operating cash flow (as reflected by NFE) to maintain liquidity.
- Any definitive outlook—such as expected cash‑flow trends, planned capital spending, debt‑repayment schedules, or liquidity targets—has not been disclosed in the information you provided.
If you need a precise forward‑looking statement (e.g., “We expect cash flow to improve by X% in Q4 FY2025”), you would have to locate a separate management commentary—such as a conference call transcript, an earnings‑release commentary section, or a subsequent press release where the company explicitly outlines its cash‑flow and liquidity expectations for the next quarters.