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

Public Service Enterprise (NYSE: PEG) reported Q4 EPS of $0.57, $0.01 better than the analyst estimate of $0.56.

• PSEG also reported Net Income for the fourth quarter of 2017 of $956 million, or $1.88 per share.
• This compares to a Net Loss of $98 million, or $0.19 per share, for the 2016 fourth quarter.
• Non-GAAP Operating Earnings for the fourth quarter of 2017 were $289 million, or $0.57 per share, compared to fourth quarter 2016 non-GAAP Operating Earnings of $279 million, or $0.54 per share.

GUIDANCE:

Public Service Enterprise sees FY2018 EPS of $3.00-$3.20.

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

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