PSEG Announces 2019 Results

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Go back to PSEG Announces 2019 Results

Public Service Enterprise (PEG) Tops Q4 EPS by 3c, Revenues Miss; Provides FY20 EPS Guidance

February 26, 2020 7:33 AM EST

Public Service Enterprise (NYSE: PEG) reported Q4 EPS of $0.64, $0.03 better than the analyst estimate of $0.61. Revenue for the quarter came in at $2.48 billion versus the consensus estimate of $2.68 billion.

"Our full year 2019 non-GAAP Operating Earnings results rose by 5% over the prior year and delivered on our objective to grow regulated operations to represent three quarters of PSEG's non-GAAP Operating Earnings. The continued focus on operating excellence and cost discipline also contributed to PSEG's ability to exceed the mid-point of our 2019 full-year earnings guidance" said Ralph Izzo, Chairman, President and Chief Executive... More