Public Service Enterprise Group Inc reports results for the quarter ended in March - Earnings Summary

Public Service Enterprise

02/05/2023 14:32

* Public Service Enterprise Group Inc  PEG.N  reported
quarterly
adjusted earnings of $1.39​​ per share for the quarter ended in
March. The mean expectation of thirteen analysts for the quarter
was for earnings of $1.24 per share.
    * Revenue rose 62.3% to $3.76 billion from a year ago;
analysts
expected $2.81 billion. 
    * Public Service Enterprise Group Inc's reported EPS for the
quarter was $2.58​.
    * The mean earnings estimate of analysts had risen by
about 9% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Public Service Enterprise Group Inc shares had risen
by 1.1%
this quarter and gained 3.1% so far this year.
    * The company reported quarterly net income of $1.29
billion.
    * Wall Street's median 12-month price target for Public
Service
Enterprise Group Inc is $67.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.24           1.39           Beat
 Dec. 31 2022      0.63           0.64           Beat
 Sep. 30 2022      0.83           0.86           Beat
 Jun. 30 2022      0.64           0.64           Met