Earnings Alerts

Public Service Enterprise Group Inc (PEG) Earnings Outperform: 2Q Adjusted EPS Surpasses Projections

  • PSEG’s second-quarter adjusted operating earnings per share (EPS) came in at 77 cents, surpassing last year’s 63 cents and exceeding the estimated 70 cents.
  • Total EPS reported at $1.17, compared to 87 cents year-over-year.
  • Operating revenue reached $2.81 billion, marking a 16% increase from the previous year and outpacing the estimated $2.36 billion.
  • PSE&G’s operating revenue increased by 9% year-over-year to $2.03 billion.
  • Operation and maintenance expenses for PSE&G climbed 8.2% year-over-year to $504 million, slightly above the estimated $476.5 million.
  • PSEG Power’s operation and maintenance expenses decreased by 2.2% year-over-year to $350 million, compared to an estimate of $290.8 million.
  • The company maintains its 2025 Non-GAAP operating earnings guidance of $3.94 to $4.06 per share.
  • Analyst ratings include 7 buys, 11 holds, and 1 sell.

Public Service Enterprise Group Inc on Smartkarma

Public Service Enterprise Group Inc (PSEG) has drawn positive analyst coverage on Smartkarma, a platform hosting independent investment research. Recently, Baptista Research delivered upbeat insights on PSEG’s financial performance and strategic outlook. In their report titled “PEG US – PSEG: A Closer Look At Its Nuclear Operations & Key Strategic Developments!“, Baptista Research highlighted PSEG’s strong earnings, with net income hitting $0.57 per share for the fourth quarter and $3.54 per share for the full year. The company’s non-GAAP operating earnings of $0.84 per share for the quarter and $3.68 per share for the year aligned with guidance, showcasing consistent performance.


A look at Public Service Enterprise Group Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Public Service Enterprise Group Inc. is showing promising long-term prospects based on the Smartkarma Smart Scores assessment. With a strong score of 5 in Growth, the company is positioned for potential expansion and development in the future. Additionally, a score of 4 in the Dividend category indicates a solid track record of providing returns to investors through dividends. These factors suggest a positive outlook for Public Service Enterprise Group Inc. in terms of generating growth and rewarding shareholders.

While the company scores lower in Value and Resilience with scores of 3, its Momentum score of 4 portrays a good level of market performance and investor interest. Public Service Enterprise Group Inc., a public utility holding company operating in the electricity and natural gas sectors in the Northeastern and Mid Atlantic United States, seems to be well-positioned for growth and stability in the long run, making it a company to watch in the energy sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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