PEG’s first-quarter earnings miss the Zacks Consensus Estimate by 2.1%. However, its top line increases 16.7% from the year-ago quarter.
PSEG’s Q1 results are likely to benefit from previous capital expenditure initiatives and favorable rate outcomes amid higher depreciation expenses.
PEG is projected to benefit from clean energy initiatives. The company is also investing in transmission and distribution infrastructure to meet customers’ demand.
PEG’s fourth-quarter revenues beat the Zacks Consensus Estimate by 6.6%. However, the top line decreases 5.4% from the year-ago level.
PEG is expected to benefit from renewable expansion and its systematic investment plan despite the effects of elevated costs to remediate all MGP sites.
PEG’s operating revenues in the third quarter total $2.64 billion, which beat the Zacks Consensus Estimate by 6.6%. The top line also increases 7.6% from the year-ago figure.
PEG’s Q3 results are likely to benefit from above-normal weather patterns. However, higher operating and maintenance expenses for restoration are expected to have partially hurt its earnings performance.
Public Service Enterprise Group (NYSE:PEG) will be releasing earnings before the market opens on Monday, November 4, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=635322)
Assenagon Asset Management S.A. increased its stake in shares of Public Service Enterprise Group Incorporated (NYSE:PEG – Free Report) by 132.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (S…
Public Service Enterprise Group Incorporated (NYSE:PEG – Free Report) – Equities research analysts at Seaport Res Ptn cut their FY2025 earnings per share (EPS) estimates for Public Service Enterprise Group in a research report issued to clients and i…
Public Service Enterprise Group Incorporated (NYSE:PEG – Free Report) – Stock analysts at Seaport Res Ptn upped their FY2026 earnings estimates for shares of Public Service Enterprise Group in a research report issued to clients and investors on Tue…
BMO Capital Markets upped their price objective on shares of Public Service Enterprise Group from $86.00 to $89.00 and gave the stock a “market perform” rating in a research report on Monday.
Raymond James & Associates lifted its stake in Public Service Enterprise Group Incorporated (NYSE:PEG – Free Report) by 30.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund…
The Stock Market News is a financial news aggregator for traders and investors that proposes to you the latest breaking news headlines on global financial markets, economy and business. Live qoute and chart technical analysis, opinion, price forecast on current stock market, currencies (Forex), cryptocurrency, commodities futures, ETFs, funds, bonds and more. Disclaimer: by using any material of this website, you acknowledge and agree that TheStockMarketNews.com is not responsible for the content, actions or any legal issues arising from third-party websites; materials of this website are not financial advice or call to actions. Trading and investing in financial instruments involve high risks including the risk of investment loss.