Public Service Enterprise Group (PSEG) reported fourth-quarter income from continuing operations of $224 million, or $0.44 per share. This compares to fourth quarter 2011 income from continuing operations of $360 million, or $0.71 per share.
Operating earnings were $207 million, or $0.41 per share compared to $237 million, or $0.47 per share prior year. On average, 12 analysts polled by Thomson Reuters expected the company to report fourth-quarter profit per share of $0.39. Analysts' estimates typically exclude special items.
The company expects operating earnings for 2013 in the range of $2.25-$2.50 per share. Analysts expect the company to report 2013 profit per share of $2.33.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.