Public Service Enterprise (PEG) Tops Q2 EPS by 2c

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Go back to Public Service Enterprise (PEG) Tops Q2 EPS by 2c

PSEG Announces 2021 Second Quarter Results

August 3, 2021 7:30 AM EDT

NEWARK, N.J., Aug. 3, 2021 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported a Net Loss for the second quarter of 2021 of $177 million, or $0.35 per share, compared to Net Income of $451 million, or $0.89 per share, in the second quarter of 2020.  Non-GAAP Operating Earnings for the second quarter of 2021 were $356 million, or $0.70 per share, compared to non-GAAP Operating Earnings for the second quarter of 2020 of $404 million, or $0.79 per share.  Non-GAAP results for the second quarter exclude items shown in Attachments 8 and 9.  For the second quarter of 2021, PSEG Power recorded a pre-tax impairment... More