It has been about a month since the last earnings report for PSEG (PEG) . Shares have added about 4.9% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is PSEG due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. PSEG Q1 Earnings Miss Estimates, Revenues Down Y/Y Public ...

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A full decade of planning and strengthening the electric infrastructure against extreme weather has increased reliability and resilienceUNIONDALE, N.Y., May 3, 2024 /PRNewswire/ -- PSEG Long Island has spent the last decade preparing the utility and the electric grid for hurricanes and other extreme weather. On National Hurricane Preparedness Week, May 5-11, the company announced it is also developing a proactive Climate Change Resilience Plan in partnership with the Long Island Power Authority (LIPA) to ad ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO State or other jurisdiction of I.R.S. Employer Commission Incorporation or Identification File Number Name of Registrant, Address, and Te ...

Public Service Enterprise Group Incorporated (NYSE:PEG) Q1 2024 Results Conference Call April 30, 2024 11:00 AM ET Company Participants Carlotta Chan - Investor Relations Ralph LaRossa - Chair, President and Chief Executive Officer Dan Cregg - Executive Vice President and Chief Financial Officer Conference Call Participants Nick Campanella - Barclays Jeremy Tonet - JP Morgan Durgesh Chopra - Evercore ISI Shar Pourreza - Guggenheim Carly Davenport - Goldman Sachs Andrew Weisel - Scotiabank Steve Fleishman - ...

For the quarter ended March 2024, PSEG (PEG) reported revenue of $2.76 billion, down 26.5% over the same period last year. EPS came in at $1.31, compared to $1.39 in the year-ago quarter.The reported revenue represents a surprise of +4.13% over the Zacks Consensus Estimate of $2.65 billion. With the consensus EPS estimate being $1.32, the EPS surprise was -0.76%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectation ...

Public Service Enterprise Group Incorporated (PEG) or PSEG reported first-quarter 2024 adjusted earnings of $1.31 per share, which missed the Zacks Consensus Estimate of $1.32 by 0.8%. Earnings also declined 5.8% from the prior-year reported figure.The company reported quarterly GAAP earnings per share (EPS) of $1.06 compared with $2.58 in the corresponding period of 2023.The year-over-year deterioration can be attributed to higher investment-related expenses.Total RevenuesOperating revenues in the first qu ...

EXHIBIT 99 Public Service Enterprise Group 80 Park Plaza Newark, NJ 07102 PSEG ANNOUNCES FIRST QUARTER 2024 RESULTS $1.06 PER SHARE NET INCOME $1.31 PER SHARE NON-GAAP OPERATING EARNINGS Reaffirms 2024 Non-GAAP Operating Earnings Guidance of $3.60 - $3.70 Per Share (NEWARK, N.J. – April 30, 2024) Public Service Enterprise Group (NYSE: PEG) reported the following results for the first quarter of 2024: PSEG Consolidated (unaudited) First Quarter Comparative Results Income Diluted Earnings Per Share ($ million ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering PSEG (PEG) , which belongs to the Zacks Utility - Electric Power industry.This parent company of PSEG Power and Public Service Electric & Gas Co. Has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 7.61%.For the last reported quarter, ...

Public Service Enterprise Group Incorporated (PEG) , or PSEG, is slated to report first-quarter 2024 results on Apr 30 before market open. The company delivered an earnings surprise of 1.89% in the last reported quarter.The company holds a four-quarter average earnings surprise of 11.21%.  Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors at PlayPSEG’s service territories witnessed mixed temperature patterns in the first quarter. While at the onset of the Ja ...