Public Service Enterprise (PEG) Tops Q2 EPS by 16c; Provides FY20 EPS Mid-Point Guidance Above Consensus
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PSEG Announces 2020 Second Quarter Results
July 31, 2020 7:30 AM EDTNEWARK, N.J., July 31, 2020 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported Net Income for the second quarter of 2020 of $451 million, or $0.89 per share, compared to Net Income of $153 million, or $0.30 per share, in the second quarter of 2019. Non-GAAP Operating Earnings for the second quarter of 2020 were $404 million, or $0.79 per share, compared to non-GAAP Operating Earnings for the second quarter of 2019 of $294 million, or $0.58 per share. Non-GAAP results for the second quarter exclude items shown in Attachments 8 and 9.
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