PSEG Announces 2019 Third Quarter Results

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Go back to PSEG Announces 2019 Third Quarter Results

Public Service Enterprise (PEG) Tops Q3 EPS by 2c; Narrows FY19 EPS Guidance

October 31, 2019 7:45 AM EDT

Public Service Enterprise (NYSE: PEG) reported Q3 EPS of $0.98, $0.02 better than the analyst estimate of $0.96.

Ralph Izzo, chairman, president and chief executive officer, said "PSEG delivered solid operating performance for the third quarter, and posted financial results that benefited from PSE&G's ongoing investment in New Jersey's energy infrastructure, which continues to offset the headwinds in the power business from lower energy prices. During the quarter, the New Jersey Board of Public Utilities (NJBPU)... More