logo
Plus   Neg
Share
Email

Public Service Enterprise Guides FY19 Operating Earnings In Line With Estimates

While reporting financial results for the fourth quarter and full-year 2018 on Wednesday, Public Service Enterprise Group, Inc. (PEG) initiated operating earnings guidance for the full-year 2019.

For fiscal 2019, the company now projects operating earnings in a range of $3.15 to $3.35 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.22 per share for the year. Analysts' estimates typically exclude special items.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Papa John's International Inc. said it will invest an additional $80 million in marketing and to provide financial assistance for its troubled domestic franchisees. Under the agreement, the pizza chain's financial assistance to domestic franchisees will begin in the third quarter of fiscal 2019 and will end in 2020. The company will also make investments to promote its new brand ambassador. Disney's Pixar Animation Studio announced its second movie next year, titled 'Soul.' The film will be directed by Pete Docter and is scheduled for release on June 19, 2020. Starbucks Corp. is running a Happy Hour promotion that has a deal for Starbucks Rewards members. Today, June 20, the coffee giant is offering a buy one, get one free or BOGO offer as part of the promotion. The offer is available in the Starbucks app. The Happy Hour starts at 3 pm and lasts until closing time on Thursday.
Follow RTT