Public Service Enterprise down on Q1 profit miss

Public Service Enterprise

30/04/2025 16:00

** Shares of electric and gas utility company Public Service Enterprise Group PEG.N down 4.3% at $78.13

** Company misses Q1 estimate, hurt by higher operating and interest expenses

** Posts adjusted profit of $1.43/share vs estimate of $1.44/share - data compiled by LSEG

** Company's Q1 net income rises to $589 million from $532 million a year ago

** Including session's moves, shares were down 7.14% YTD

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))