Public Service Enterprise Group Inc (PEG) revealed a profit for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings totaled $622 million, or $1.24 per share. This compares with $520 million, or $1.04 per share, last year.
Excluding items, Public Service Enterprise Group Inc reported adjusted earnings of $565 million or $1.13 per share for the period.
Analysts on average had expected the company to earn $1.01 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 22.1% to $3.226 billion from $2.642 billion last year.
Public Service Enterprise Group Inc earnings at a glance (GAAP) :
-Earnings: $622 Mln. vs. $520 Mln. last year.-EPS: $1.24 vs. $1.04 last year.-Revenue: $3.226 Bln vs. $2.642 Bln last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.