Public Service Enterprise (PEG) Tops Q4 EPS by 1c

Public Service Enterprise (NYSE: PEG) reported Q4 EPS of $0.54, $0.01 better than the analyst estimate of $0.53.

"We delivered strong results in 2016 with full year non-GAAP Operating Earnings solidly within the range of our guidance" said Ralph Izzo, chairman, president and chief executive officer. "Continued growth at our regulated utility and a disciplined approach to expenses across Enterprise supported results. The Board's recent decision to increase the common dividend by 4.9% to the indicative annual level of $1.72 per share represents confidence in our firm's investment strategy and an acknowledgment of our strong financial condition."

For earnings history and earnings-related data on Public Service Enterprise (PEG) click here.

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