PSEG (PEG) to Report Q2 Earnings: Here's What to Expect

The company holds a four-quarter average earnings surprise of 7.30%. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. In the second quarter of 2024, PSEG's service territories witnessed warmer-than-normal temperatures, resulting in increased electricity demand for cooling purposes. This is expected to have contributed to the company's second-quarter revenues. The Zacks Consensus Estimate for second-quarter revenues is pegged at $2.06 billion, which indicates a dec ...