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PSEG (PEG) Reports Q2 Earnings: What Key Metrics Have to Say

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PSEG (PEG - Free Report) reported $2.55 billion in revenue for the quarter ended June 2026, representing a year-over-year decline of 9%. EPS of $0.86 for the same period compares to $0.77 a year ago.

The reported revenue represents a surprise of -5.38% over the Zacks Consensus Estimate of $2.7 billion. With the consensus EPS estimate being $0.80, the EPS surprise was +7.5%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how PSEG performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- PSE&G: $2.14 billion versus $2.12 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.2% change.
  • Operating Income- PSEG Power & Other: $-69 million versus $182.89 million estimated by two analysts on average.
  • Operating Income- PSE&G: $530 million versus the two-analyst average estimate of $532.87 million.

View all Key Company Metrics for PSEG here>>>

Shares of PSEG have returned -5.2% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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