Public Service Enterprise Q2 Adj. EPS $0.86 Beats $0.80 Estimate, Sales $2.554B Miss $2.716B Estimate

Public Service Enterprise (NYSE:PEG) reported quarterly earnings of $0.86 per share which beat the analyst consensus estimate of $0.80 by 7.5 percent. This is a 11.69 percent increase over earnings of $0.77 per share from the same period last year. The company reported quarterly sales of $2.554 billion which missed the analyst consensus estimate of $2.716 billion by 5.97 percent. This is a 8.95 percent decrease over sales of $2.805 billion the same period last year.