PSEG Announces 2019 Second Quarter Results

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Go back to PSEG Announces 2019 Second Quarter Results

Public Service Enterprise (PEG) Misses Q2 EPS by 3c; Affirms FY19 EPS Outlook

July 30, 2019 7:32 AM EDT

Public Service Enterprise (NYSE: PEG) reported Q2 EPS of $0.58, $0.03 worse than the analyst estimate of $0.61.

Ralph Izzo, chairman, president and chief executive officer commented, "We have had a constructive second quarter that has advanced our long-term strategy on several fronts. PSE&G has reached an agreement in principle with key parties in the Energy Strong II (ES II) infrastructure filing that will enable the continuation of increasing the resiliency and improving the reliability of critical energy infrastructure in New Jersey. Separately, parties in PSE&G's Clean Energy Future-Energy Efficiency (CEF-EE) filing have... More