Investing.com - Public Service Enterprise reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Public Service Enterprise announced earnings per share of $0.86 on revenue of $2.27B. Analysts polled by Investing.com anticipated EPS of $0.82 on revenue of $2.01B.
Public Service Enterprise shares are down 13% from the beginning of the year and are trading at $57.43 , down-from-52-week-high.
Public Service Enterprise follows other major Utilities sector earnings this month
Public Service Enterprise's report follows an earnings beat by NextEra Energy on Friday, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts EPS of $0.79 on revenue of $5.96B.
Southern had beat expectations on Thursday with third quarter EPS of $1.35 on revenue of $8.38B, compared to forecast for EPS of $1.3 on revenue of $6.84B.
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