Public Service Enterprise Earnings Beat, Revenue Misses In Q3 By Investing.com

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Public Service Enterprise Earnings Beat, Revenue Misses In Q3

Nov 02, 2021 07:39AM ET

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Investing.com - Public Service Enterprise (NYSE:PEG) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Public Service Enterprise announced earnings per share of $0.98 on revenue of $1.9B. Analysts polled by Investing.com anticipated EPS of $0.9235 on revenue of $2.54B.

Public Service Enterprise shares are up 10% from the beginning of the year, still down 1.48% from its 52 week high of $65.33 set on August 16. They are under-performing the S&P 500 which is up 22.83% from the start of the year.

Public Service Enterprise follows other major Utilities sector earnings this month

Public Service Enterprise's report follows an earnings beat by NextEra Energy on October 20, who reported EPS of $0.75 on revenue of $4.37B, compared to forecasts EPS of $0.716 on revenue of $5.44B.

ENI ADR had beat expectations on Friday with third quarter EPS of $0.9272 on revenue of $22.05B, compared to forecast for EPS of $0.7213 on revenue of $19.3B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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