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Here's What Key Metrics Tell Us About PSEG (PEG) Q2 Earnings
PSEGPSEG(US:PEG) ZACKSยท2025-08-05 14:31

Financial Performance - For the quarter ended June 2025, PSEG reported revenue of $2.81 billion, up 15.8% year-over-year, and EPS of $0.77, compared to $0.63 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $2.34 billion, representing a surprise of +19.62%, while the EPS surprise was +8.45% against a consensus estimate of $0.71 [1] Key Metrics - PSEG's shares returned +9.5% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - Gas sold and transported totaled 702.00 MDth, exceeding the average estimate of 542.52 MDth [4] - Electric sales were reported at 9,455.00 KWH, below the estimated 10,225.33 KWH [4] - Revenue from PSE&G was $2.03 billion, surpassing the estimated $1.97 billion, reflecting a +9% change year-over-year [4] - Revenue from PSEG Power & Other was $920 million, significantly higher than the estimated $453.29 million, marking a +34.5% year-over-year change [4] - Operating income for Power & Other was $325 million, compared to the average estimate of $72.68 million [4]