Report
Travis Miller
EUR 101.80 For Business Accounts Only

PSEG Books Solid 2017, Looks Toward Possible Nuclear Hand-Up

We are reaffirming our $41 fair value estimate and narrow moat and stable moat trend ratings after Public Service Enterprise Group reported operating earnings per share of $2.93 in 2017, up from $2.90 in 2016. This is in line with our outlook and management's $2.80-$3.00 guidance. Management's 2018 EPS guidance range of $3.00-$3.20 is higher than our 2018 estimate primarily because of a more positive outlook at PSEG Power.
PSEG continues to fight falling earnings at its PSEG Power segment with g...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Travis Miller

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