Public Service Enterprise Group rises on upbeat Q3 profit

Public Service Enterprise

31/10/2023 14:39

** Shares of energy company Public Service Enterprise Group
 PEG.N  rise 1.34% at $60.97
    ** Co posts better-than-expected profit boosted by a robust
performance at its power and gas distribution unit
    ** Co reports adj. EPS of 85 cents/shr vs analysts'
estimates of 75 cents/shr - LSEG
    ** Revenue rises 8% to $2.46 bln from a year earlier vs
analysts' average estimate of $2.14 bln- LSEG
    ** Co reaffirms full-year operating earnings forecast range
of $3.40/shr - $3.50/shr
    ** Including session's gains, shares down 0.52% YTD
    

 (Reporting by Roshia Sabu in Bengaluru)
 ((Roshia.Sabu@thomsonreuters.com))