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

Public Service Enterprise

30/04/2025 14:32

Public Service Enterprise Group Inc PEG.N reported quarterly adjusted earnings of $1.43​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.31.  The mean expectation of fourteen analysts for the quarter was for earnings of $1.44 per share. Wall Street expected results to range from $1.35  to $1.50 per share.

Revenue rose 16.7% to $3.22 billion from a year ago; analysts expected $3.14 billion.

Public Service Enterprise Group Inc's reported EPS for the quarter was $1.18​.

The company reported quarterly net income of $589 million.

Public Service Enterprise Group Inc shares had fallen by 0.8% this quarter and lost 3.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 5.4% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 13 "hold" and no "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 $86.00

This summary was machine generated from LSEG data April 30 at 01:32 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
Mar. 31 2025
1.44
1.43
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