Public Service Enterprise Group Sees FY24 Adj. EPS $3.60 to $3.70 Vs $3.69 Est.
Portfolio Pulse from Benzinga Newsdesk
Public Service Enterprise Group (PSEG) has provided guidance for its FY24 adjusted earnings per share (EPS), projecting a range of $3.60 to $3.70. This forecast is in line with the analyst estimate of $3.69 for the same period.
December 19, 2023 | 9:37 pm
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NEUTRAL IMPACT
PSEG's FY24 EPS guidance is aligned with analyst estimates, indicating management's confidence in the company's performance.
PSEG's EPS guidance for FY24 is very close to the analyst consensus, which suggests that there are no significant surprises expected in the company's financial performance. This typically has a neutral impact on the stock price in the short term, as the market expectations are already aligned with the company's projections.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100