PSEG (PEG) Q1 Earnings Miss Estimates, Revenues Down Y/Y
PEGPSEG(PEG) Zacks Investment Research·2024-04-30 22:50

Public Service Enterprise Group Incorporated (PEG) or PSEG reported first-quarter 2024 adjusted earnings of 1.31pershare,whichmissedtheZacksConsensusEstimateof1.31 per share, which missed the Zacks Consensus Estimate of 1.32 by 0.8%. Earnings also declined 5.8% from the prior-year reported figure. The company reported quarterly GAAP earnings per share (EPS) of 1.06comparedwith1.06 compared with 2.58 in the corresponding period of 2023. The year-over-year deterioration can be attributed to higher investment-related expenses. Total Revenues Operating revenues in the firs ...