PSEG Announces 2020 Results

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Go back to PSEG Announces 2020 Results

Public Service Enterprise (PEG) Reports In-Line Q4 EPS, Revenues Miss; Offers FY21 EPS Mid-Point Guidance Above Consensus

February 26, 2021 7:37 AM EST

Public Service Enterprise (NYSE: PEG) reported Q4 EPS of $0.65, in-line with the analyst estimate of $0.65. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.83 billion.

NET INCOME OF $3.76 PER SHARENON-GAAP OPERATING EARNINGS OF $3.43 PER SHARENon-GAAP 2021 Operating Earnings Guidance $3.35 - $3.55 per ShareUtility Earnings Expected to Exceed 80% of PSEG 2021 Guidance MidpointStrategic Alternatives Review of Non-Nuclear Generation Assets on Track

"We are pleased to report that PSEG posted strong operating and financial results for the fourth quarter, and our full-year 2020 non-GAAP Operating Earnings... More