Shares of Public Service Enterprise PEG were unchanged in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 4.63% over the past year to $1.03, which beat the estimate of $1.01.
Revenue of $2,781,000,000 lower by 6.68% from the same period last year, which missed the estimate of $3,470,000,000.
Guidance
Public Service Enterprise hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: May 04, 2020
Time: 01:00 PM ET
Technicals
Company's 52-week high was at $63.88
52-week low: $34.75
Price action over last quarter: down 6.32%
Company Overview
Public Service Enterprise Group is the holding company for a regulated utility (PSE&G), a merchant power generation owner (PSEG Power), and an energy investment firm (PSEG Enterprise). PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4 million customers. PSEG Power owns and operates merchant power plants in the Mid-Atlantic, New York, and the Northeast. Energy Holdings invests in energy-related assets worldwide. PSEG also operates the Long Island Power Authority system.
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