PSEG Announces 2018 Results

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Public Service Enterprise (PEG) Tops Q4 EPS by 1c; Offers FY19 EPS Mid-Point Guidance Above Consensus

February 27, 2019 7:34 AM EST

Public Service Enterprise (NYSE: PEG) reported Q4 EPS of $0.56, $0.01 better than the analyst estimate of $0.55.

"We closed 2018 with solid operating and financial performance, with full-year non-GAAP Operating Earnings per share 6.5% above 2017 results" said Ralph Izzo, Chairman, President and Chief Executive Officer. "We achieved important regulatory and policy objectives during 2018 including the settlement of PSE&G's distribution base rate case, supporting the... More