Public Service Enterprise (PEG) Misses Q3 EPS by 1c, Revenues Miss; Raises FY20 EPS Mid-Point Outlook

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Go back to Public Service Enterprise (PEG) Misses Q3 EPS by 1c, Revenues Miss; Raises FY20 EPS Mid-Point Outlook

PSEG Announces 2020 Third Quarter Results

October 30, 2020 7:30 AM EDT

NEWARK, N.J., Oct. 30, 2020 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported Net Income for the third quarter of 2020 of $575 million, or $1.14 per share, compared to Net Income of $403 million, or $0.79 per share, in the third quarter of 2019.  Non-GAAP Operating Earnings for the third quarter of 2020 were $488 million, or $0.96 per share, compared to non-GAAP Operating Earnings for the third quarter of 2019 of $495 million, or $0.98 per share.  Non-GAAP results for the third quarter exclude items shown in Attachments 8 and 9.

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