Newark, New Jersey-based Public Service Enterprise Group Incorporated (PEG) operates in electric and gas utility and nuclear generation businesses in the United States. With a market cap of $40.7 billion, the company operates through PSE&G and PSEG Power segments.
The company is set to unveil its second-quarter results on Tuesday, July 29. Ahead of the event, analysts expect PEG to report non-GAAP earnings of $0.72 per share, up 14.3% from the profit of $0.63 per share reported in the year-ago quarter. Additionally, the company has surpassed the Street’s bottom-line projections in one of the past four quarters, while missing on three occasions.
