PSEG Announces 2020 Third Quarter Results
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Public Service Enterprise (PEG) Misses Q3 EPS by 1c, Revenues Miss; Raises FY20 EPS Mid-Point Outlook
October 30, 2020 7:33 AM EDTPublic Service Enterprise (NYSE: PEG) reported Q3 EPS of $0.96, $0.01 worse than the analyst estimate of $0.97. Revenue for the quarter came in at $2.37 billion versus the consensus estimate of $2.47 billion.
Ralph Izzo, chairman, president and chief executive officer commented, "We delivered a solid quarter at both PSE&G and PSEG Power and remain on track to deliver full year results within our updated range which removes five cents per share from the lower end. Last month, the New Jersey Board of Public Utilities (NJBPU) approved the settlement of our Clean Energy Future Energy... More
