PSEG (PEG) Q1 Earnings Miss Estimates

PSEG (PEG) came out with quarterly earnings of $1.43 per share, missing the Zacks Consensus Estimate of$ 1.46 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.05%. A quarter ago, it was expected that this parent company of PSEG Power and Public Service Electric & Gas Co. Would post earnings of$ 0.83 per share when it actually produced earnings of $0.84, delivering a surprise of 1 ...