Public Service Enterprise (PEG) Tops Q2 EPS by 1c

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Go back to Public Service Enterprise (PEG) Tops Q2 EPS by 1c

PSEG Announces 2018 Second Quarter Results

August 1, 2018 7:31 AM EDT

NEWARK, N.J., Aug. 1, 2018 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported today Net Income for the second quarter of 2018 of $269 million, or $0.53 per share as compared to Net Income of $109 million, or $0.22 per share, in the second quarter of 2017.  Non-GAAP Operating Earnings for the second quarter of 2018 were $325 million, or $0.64 per share, compared to non-GAAP Operating Earnings for the second quarter of 2017 of $316 million, or $0.62 per share. Prior-year results included costs related to the early retirement of the Hudson and Mercer generating stations.

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