With a market cap of $41.4 billion, Public Service Enterprise Group Incorporated (PEG) is a diversified energy company, primarily serving the Northeastern and Mid-Atlantic United States. Through its key subsidiaries, PSE&G and PSEG Power, the company operates in electric and gas utilities, nuclear generation, and energy-related services. The Newark, New Jersey-based company is expected to unveil its fiscal Q1 2025 earnings results before the market opens on Wednesday, Apr. 30.
Prior to the event, analysts anticipate the utility company to report a profit of $1.43 per share, up 9.2% from $1.31 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in one of the past four quarters while missing on three other occasions. In Q4 2024, PEG beat the consensus EPS estimate by 1.2%.
