Public Service Enterprise (PEG) Tops Q1 EPS by 2c, Offers Guidance
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PSEG Announces 2020 First Quarter Results
May 4, 2020 7:30 AM EDTNEWARK, N.J., May 4, 2020 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported Net Income for the first quarter of 2020 of $448 million, or $0.88 per share as compared to Net Income of $700 million, or $1.38 per share, in the first quarter of 2019. Non-GAAP Operating Earnings for the first quarter of 2020 were $520 million, or $1.03 per share, compared to non-GAAP Operating Earnings for the first quarter of 2019 of $547 million, or $1.08 per share. Non-GAAP results for the first quarter exclude items shown in Attachments 7 and 8.Â
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