Earnings Preview: Public Service Enterprise
Portfolio Pulse from Benzinga Insights
Public Service Enterprise (NYSE:PEG) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $0.61. The company's past performance shows it beat EPS estimates last quarter, resulting in a 0.64% increase in share price. However, the stock has been down 3.33% over the last 52-week period.
July 31, 2023 | 8:11 pm
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Public Service Enterprise is expected to report an EPS of $0.61 for the upcoming quarter. The company's stock price increased by 0.64% after beating EPS estimates last quarter, but it has been down 3.33% over the past year.
The upcoming earnings report is highly relevant to PEG's stock price. While the company beat EPS estimates last quarter, leading to a slight increase in stock price, the overall trend has been negative over the past year. The impact of the earnings report will depend on whether the company meets or exceeds the EPS estimate and the guidance it provides for future growth.
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