Earnings Preview: What To Expect From Public Service Enterprise Group's Report

Core Insights - Public Service Enterprise Group Incorporated (PEG) is a diversified electric and gas utilities company with a market cap of $41.1 billion, operating through PSE&G and PSEG Power segments [1] - PEG is expected to report a profit of $1 per share for Q3, reflecting an 11.1% increase from $0.90 per share in the same quarter last year [2] - For the full fiscal 2025, PEG's EPS is projected to be $4.02, a 9.2% increase from $3.68 in 2024, with further growth expected in fiscal 2026 to $4.34 per share [3] Financial Performance - PEG's stock has declined 3.9% over the past 52 weeks, underperforming the Utilities Select Sector SPDR Fund's 15.3% gains and the S&P 500 Index's 14.7% returns [4] - Despite better-than-expected Q2 results, PEG's stock fell 2.2% following the earnings release, with a 15.8% year-over-year increase in topline to $2.8 billion, exceeding consensus estimates by 19.6% [5] Market Sentiment - Investors are concerned about PEG's rising debt and increased finance costs, along with uncertainties regarding the nuclear production tax credit benefits [6] - Analysts maintain a consensus "Moderate Buy" rating for PEG, with a mean price target of $91.27 indicating a 7.7% upside potential from current levels [7]