PSEG Announces 2019 First Quarter Results
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Public Service Enterprise (PEG) Tops Q1 EPS by 8c; Provides FY19 EPS Outlook
May 2, 2019 7:35 AM EDTPublic Service Enterprise (NYSE: PEG) reported Q1 EPS of $1.08, $0.08 better than the analyst estimate of $1.00.
Ralph Izzo, chairman, president and chief executive officer commented that "we delivered a solid quarter to begin the year, reflecting the benefits of our continued investments to enhance New Jersey energy infrastructure and a full quarter inclusive of PSE&G\'s 2018 distribution rate case settlement. This year, earnings from PSE&G are expected to contribute approximately 75% of total forecast operating earnings, as we continue to execute on our $12-$17 billion capital investment programs. The addition of the... More
