PSEG (PEG) Surpasses Q2 Earnings and Revenue Estimates

Company Performance - PSEG reported quarterly earnings of $0.77 per share, exceeding the Zacks Consensus Estimate of $0.71 per share, and up from $0.63 per share a year ago, indicating a positive earnings surprise of +8.45% [1][2] - The company posted revenues of $2.81 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 19.62% and increasing from $2.42 billion year-over-year [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.03 on revenues of $2.74 billion, and for the current fiscal year, it is $4.01 on revenues of $10.68 billion [8] - The estimate revisions trend for PSEG was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [7] Industry Context - PSEG operates within the Utility - Electric Power industry, which is currently ranked in the top 33% of over 250 Zacks industries, indicating a favorable industry outlook [9] - The performance of PSEG's stock may be influenced by the overall industry outlook, as research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [9]