NEWARK, N.J. (AP) _ Public Service Enterprise Group Inc. (PEG) on Friday reported third-quarter net income of $575 million.

The Newark, New Jersey-based company said it had profit of $1.14 per share. Earnings, adjusted for non-recurring gains, were 96 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.

The parent company of PSEG Power and Public Service Electric & Gas Co. posted revenue of $2.37 billion in the period.

PSEG expects full-year earnings in the range of $3.35 to $3.50 per share.

PSEG shares have risen 1% since the beginning of the year, while the Standard & Poor's 500 index has increased 2.5%. The stock has decreased 4% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PEG at https://www.zacks.com/ap/PEG

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