Public Service Enterprise Group Reports Third Quarter Earnings Miss on Revenue and EPS
Public Service Enterprise Group (PEG) reported third-quarter Non-GAAP earnings per share of $1.15, falling short of expectations by $0.04. The company also reported revenue of $3.02 billion, representing a 6.5% year-over-year decline and missing consensus estimates by approximately $230 million. Despite the quarterly miss, the company maintained its long-term financial outlook, keeping its 2026 Non-GAAP operating earnings guidance in the range of $4.28 to $4.40 per share. The market reacted negatively to the news, with shares trading down approximately 4% following the announcement.
Tickers: $PEG
Topics: eps miss guidance maintenance quarterly earnings revenue miss
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