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

Public Service Enterprise

26/07/2024 14:42

* Public Service Enterprise Group Inc  PEG.N   PEG  is
expected
to show a fall in quarterly revenue when it reports  results on
July 30 for the period ending June 30 2024
    * The Newark New Jersey-based  company is expected to report
a
15.2% decrease in revenue to $2.052 billion from $2.42 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG'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," 10
"hold" and 1 "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 $78.00​, above​ its last closing price
of $74.24. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.32        1.31       1.31      Met     -0.3
 Dec. 31 2024  0.52        0.52       0.54      Beat    3.7
 Sep. 30 2023  0.74        0.75       0.85      Beat    13.2​
 Jan. 1 0001   0.62        0.63       0.70      Beat    11.4
 ​​Mar.        1.26        1.24       1.39      Beat    12.1
 31 2023                                                
 Dec. 31 2022  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
 This summary was machine generated July 26 at 13:42 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)