Public Service Enterprise Group Inc reports results for the quarter ended December 31 - Earnings Summary

Public Service Enterprise

25/02/2025 14:32

Public Service Enterprise Group Inc PEG.N reported quarterly adjusted earnings of 84 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 54 cents.  The mean expectation of sixteen analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 82 cents to 85 cents per share.

Revenue fell 5.4% to $2.47 billion from a year ago; analysts expected $2.54 billion.

Public Service Enterprise Group Inc's reported EPS for the quarter was 57 cents​.

The company reported quarterly net income of $286 million.

Public Service Enterprise Group Inc shares had fallen by 0.2% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.9% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell."

The average consensus recommendation for the multiline utilities peer group is also "buy"

Wall Street's median 12-month price target for Public Service Enterprise Group Inc is $89.00

This summary was machine generated from LSEG data February 25 at 02:32 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.83
0.84
Beat
Sep. 30 2024
0.87
0.90
Beat
Jun. 30 2024
0.63
0.63
Met
Mar. 31 2024
1.31
1.31
Met