Public Service Enterprise Group Inc Q4 adjusted earnings Beat Estimates

(RTTNews) - Public Service Enterprise Group Inc (PEG) reported earnings for fourth quarter that declined from the same period last year.

The company's profit totaled $199 million, or $0.39 per share. This compares with $956 million, or $1.88 per share, in last year's fourth quarter.

Excluding items, Public Service Enterprise Group Inc reported adjusted earnings of $284 million or $0.56 per share for the period.

Analysts had expected the company to earn $0.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Public Service Enterprise Group Inc earnings at a glance:

-Earnings (Q4): $284 Mln. vs. $289 Mln. last year. -EPS (Q4): $0.56 vs. $0.57 last year. -Analysts Estimate: $0.55