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Public Service Enterprise eyes Q2 results as EPS estimates rise
Wall Street expects Public Service Enterprise Group’s diluted EPS to total $0.83 in fiscal 2026 second-quarter results, up from $0.77 a year earlier.
Public Service Enterprise Group (PSEG) is set to report fiscal 2026 second-quarter earnings, with analysts using the results to judge whether the utility can keep its recent pattern of beating expectations. Wall Street consensus calls for diluted EPS of $0.83, a 7.8% increase versus $0.77 reported in the same quarter last year.
The forecast carries added scrutiny because PSEG has outperformed analysts’ earnings estimates in each of the past four quarters, according to Yahoo Finance. Analysts also project fiscal 2026 diluted EPS of $4.37, up 7.9% year over year.
Looking further ahead, consensus expectations call for fiscal 2027 diluted EPS of $4.69, which would be a 7.3% increase from the prior year. Even with those growth forecasts, PSEG shares have lagged broader benchmarks.
Over the past 52 weeks, PSEG stock fell 2.4% while the S&P 500 rose 21.3%, the article notes. In 2026 so far, PSEG is down year to date while the S&P 500 is up 10.6%, and the State Street Utilities Select Sector SPDR ETF (XLU) has outperformed across both periods.
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