Deutsche Bank Downgrades Public Service Enterprise Group Inc. (PEG) to Hold

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PSEG Announces 2015 Third Quarter Results

October 30, 2015 7:30 AM EDT

NEWARK, N.J., Oct. 30, 2015 /PRNewswire/ -- (NYSE PEG) Public Service Enterprise Group (PSEG) today reported third quarter 2015 Net Income of $439 million or $0.87 per share as compared to Net Income of $444 million or $0.87 per share for the third quarter of 2014.  Operating earnings for the third quarter of 2015 were $403 million or $0.80 per share compared to the third quarter of 2014 operating earnings of $393 million or $0.77 per share.

Ralph Izzo, chairman, president and CEO, said "PSEG reported another good quarter. While the businesses benefited from favorable weather, our results... More