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

Public Service Enterprise

31/10/2023 13:31

* Public Service Enterprise Group Inc  PEG.N  reported
quarterly
adjusted earnings of 85 cents​​ per share for the quarter ended
in September. The mean expectation of sixteen analysts for the
quarter was for earnings of 75 cents per share.
    * Revenue rose 8.1% to $2.46 billion from a year ago;
analysts
expected $2.14 billion. 
    * Public Service Enterprise Group Inc's reported EPS for the
quarter was 27 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Public Service Enterprise Group Inc shares had risen
by 5.7%
this quarter and lost 1.8% so far this year.
    * The company reported quarterly net income of $139 million.
    * Wall Street's median 12-month price target for Public
Service
Enterprise Group Inc is $65.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.75           0.85           Beat
 Jun. 30 2023      0.63           0.70           Beat
 Mar. 31 2023      1.24           1.39           Beat
 Dec. 31 2022      0.63           0.64           Beat