PSEG (PEG) Q2 Earnings Miss Estimates

PSEG (PEG) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of$ 0.64 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -1.56%. A quarter ago, it was expected that this parent company of PSEG Power and Public Service Electric & Gas Co. Would post earnings of$ 1.32 per share when it actually produced earnings of $1.31, delivering a surprise of - ...