PSEG (PEG) Q4 Earnings Beat Estimates, Revenues Down Y/Y

Public Service Enterprise Group Incorporated (PEG) or PSEG reported fourth-quarter 2023 adjusted earnings of 54 cents per share, which beat the Zacks Consensus Estimate of 53 cents by 1.9%. However, earnings declined 15.6% from the prior-year reported figure.The company reported quarterly GAAP earnings per share (EPS) of $1.10 in the fourth quarter of 2023 compared with $1.58 in the corresponding period of 2022.For 2023, the company reported adjusted EPS of $3.48 compared with $3.47 in 2022. The full-year b ...