PSEG ANNOUNCES 2022 THIRD QUARTER RESULTS

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Public Service Enterprise Group Inc. (PEG) PT Lowered to $67 at Guggenheim

October 31, 2022 4:57 PM EDT

Guggenheim analyst Shahriar Pourreza lowered the price target on Public Service Enterprise Group Inc. (NYSE: PEG) to $67.00 (from $71.00) while maintaining a Buy rating following earnings.

The analyst commented, "PEG reported a 3Q22 EPS above consensus, narrowed 2022 guidance, while 2023 remains an uncertain earnings year. Investors showed concern around the removal of... More

Public Service Enterprise (PEG) Tops Q3 EPS by 4c

October 31, 2022 7:38 AM EDT

Public Service Enterprise (NYSE: PEG) reported Q3 EPS of $0.86, $0.04 better than the analyst estimate of $0.82. Revenue for the quarter came in at $2.27 billion versus the consensus estimate of $2.01 billion.

GUIDANCE:

Public Service Enterprise narrows FY2022 EPS to $3.40-$3.50, versus the... More