Public Service Enterprise Group Inc expected to post earnings of 63  cents a share - Earnings Preview

Public Service Enterprise

28/07/2023 15:13

* Public Service Enterprise Group Inc  PEG.N   PEG  is
expected
to show a fall in quarterly revenue when it reports  results on
August 1. 
    * The Newark New Jersey-based  company is expected to report
 a
6.0% decrease in revenue to $1.951 billion from $2.08 billion a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Public Service
Enterprise
Group Inc is for earnings of 63 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Public
Service
Enterprise Group Inc is $67​, above​ its last closing price
of $63.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.26        1.24       1.39      Beat    12.1
 Dec. 31 2023  0.63        0.63       0.64      Beat    2.4
 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.        1.14        1.12       1.33      Beat    18.7
 31 2022                                                
 Dec. 31 2021  0.67        0.66       0.69      Beat    3.8​
 Sep. 30 2021  0.93        0.92       0.98      Beat    6.2
 Jun. 30 2021  0.71        0.70       0.70      Met     -0.5
 This summary was machine generated July 28 at 14:13 GMT.  All
figures in US dollars  unless otherwise stated