logo
Plus   Neg
Share
Email

Public Service Enterprise Group Inc Q4 adjusted earnings Beat Estimates

Public Service Enterprise Group Inc (PEG) reported earnings for fourth quarter that declined from the same period last year.

The company's profit totaled $199 million, or $0.39 per share. This compares with $956 million, or $1.88 per share, in last year's fourth quarter.

Excluding items, Public Service Enterprise Group Inc reported adjusted earnings of $284 million or $0.56 per share for the period.

Analysts had expected the company to earn $0.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Public Service Enterprise Group Inc earnings at a glance:

-Earnings (Q4): $284 Mln. vs. $289 Mln. last year.
-EPS (Q4): $0.56 vs. $0.57 last year.
-Analysts Estimate: $0.55

For comments and feedback contact: editorial@rttnews.com

Follow RTT