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Public Service Enterprise Guides FY21 Operating Earnings In Line With View - Quick Facts

While reporting financial results for the fourth quarter on Friday, Public Service Enterprise Group, Inc. (PEG) initiated its full-year 2021 guidance for operating earnings.

For fiscal 2021, the company now projects operating earnings in a range of $3.35 to $3.55 per share. On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.43 per share for the year. Analysts' estimates typically exclude special items.

the company said it is making steady progress on several business priorities, and on its strategy to become primarily a regulated utility with contracted generation, comprised of its zero carbon nuclear fleet and recent announcement regarding New Jersey offshore wind through its partnership with Ørsted North America.

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