Public Service Enterprise Sees FY24 Adj. EPS $3.60-$3.70 Vs $3.67 Est.
Portfolio Pulse from Benzinga Newsdesk
Public Service Enterprise Group (PEG) has provided its adjusted earnings per share (EPS) guidance for fiscal year 2024, projecting it to be in the range of $3.60 to $3.70. This forecast is in line with the analyst estimate of $3.67 for the same period.
April 30, 2024 | 11:33 am
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Public Service Enterprise Group (PEG) forecasts its FY24 adjusted EPS to be between $3.60 and $3.70, closely aligning with the analyst estimate of $3.67.
The guidance provided by Public Service Enterprise Group is closely aligned with analyst expectations, indicating a neutral impact on the stock price in the short term. The forecast falls within the expected range, suggesting that the company's financial outlook is in line with market predictions, which typically does not lead to significant stock price movements unless the forecast significantly beats or misses analyst estimates.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100