Public Service Enterprise Group Inc expected to post earnings of $1.31 a share - Earnings Preview

Public Service Enterprise

26/04/2024 15:11

* Public Service Enterprise Group Inc  PEG.N   PEG  is
expected
to show a fall in quarterly revenue when it reports  results on
April 30 for the period ending March 31 2024
    * The Newark New Jersey-based  company is expected to report
a
18.4% decrease in revenue to $3.065 billion from $3.76 billion a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Public Service
Enterprise
Group Inc is for earnings of $1.31 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 12
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Public
Service
Enterprise Group Inc is $68.00​, below​ its last closing price
of $68.09. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.52        0.52       0.54      Beat    3.7
 Sep. 30 2023  0.74        0.75       0.85      Beat    13.2
 Jun. 30 2023  0.62        0.63       0.70      Beat    11.4​
 Mar. 31 2023  1.26        1.24       1.39      Beat    12.1
 ​​Dec.        0.63        0.63       0.64      Beat    2.4
 31 2022                                                
 Sep. 30 2022  0.83        0.83       0.86      Beat    3.1​
 Jun. 30 2022  0.64        0.64       0.64      Met     -0.6
 Mar. 31 2022  1.14        1.12       1.33      Beat    18.7
 This summary was machine generated April 26 at 14:11 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)