Investing.com - Public Service Enterprise (NYSE:PEG) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Public Service Enterprise announced earnings per share of $0.7 on revenue of $1.87B. Analysts polled by Investing.com anticipated EPS of $0.706 on revenue of $2.24B.
Public Service Enterprise shares are up 7% from the beginning of the year, still down 2.24% from its 52 week high of $64.30 set on May 24. They are under-performing the S&P 500 which is up 16.8% 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 July 23, who reported EPS of $0.71 on revenue of $3.93B, compared to forecasts EPS of $0.6977 on revenue of $4.97B.
Iberdrola SA had missed expectations on July 21 with second quarter EPS of $0.3772 on revenue of $10.21B, compared to forecast for EPS of $0.3774 on revenue of $9.67B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar