PSEG (PEG) Tops Q4 Earnings and Revenue Estimates

PSEG (PEG) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of$ 0.53 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.89%. A quarter ago, it was expected that this parent company of PSEG Power and Public Service Electric & Gas Co. Would post earnings of$ 0.75 per share when it actually produced earnings of $0.85, delivering a surprise of 13 ...