Public Service Enterprise Group (PEG) will release its third-quarter results on Nov. 3, with analysts predicting a profit of $1 per share, up 11.1% from last year. For fiscal 2025, an EPS of $4.02 is expected, and in 2026, earnings are projected to grow by 8% to $4.34 per share.
Despite a 15.8% increase in revenue in Q2, PEG’s stock prices dropped by 2.2%. Rising debt and regulatory scrutiny on nuclear production tax credit benefits have raised investor concerns. However, analysts are optimistic, with a consensus “Moderate Buy” rating and a mean price target of $91.27, suggesting a 7.7% upside potential.
Read more at Yahoo Finance: What To Expect From Public Service Enterprise Group’s Report
