Public Service Enterprise Group Incorporated (PEG) earnings on August 4, 2026
More Public Service Enterprise Group Incorporated earnings
Prior outlook: Pessimistic Outcome: Partial
Public Service Enterprise Group's stock ended flat after a dip, as a profit beat was offset by a sales miss. The company kept its full-year outlook unchanged.
PEG price around the earnings
76.27
Change: -0.5%
2026-08-04, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Partial
- Thesis published
- Results released
Mixed contexts, the scenario points pessimistic.
Experts are cautious: the stock has been falling recently and analysts are split, even though the company has a strong record of beating earnings forecasts.
Context analyzed before publication
- Summary
- Mixed contexts, the scenario points pessimistic.
- Playbook
- The stock has dropped about 1.5% in two weeks and 6% in a month, underperforming the market. Analysts cite upside but have mixed recent actions.
- Trend
- Expert outlook stabilized after earlier decline
Analysts
Drivers
-
Analysts
Neutral
Analysts cite about 15% upside to their price target, but recent actions include both cuts and raises, showing mixed sentiment.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.3
- Analysts covering the stock
- 19
- Average price target
- 88.24
- Lowest price target
- 75
- Highest price target
- 103
- Upside to price target
- 15.2%
- Quarterly earnings growth
- 25.8%
- Revenue growth
- 19.4%
- Forward EPS
- 4.68
- Trailing EPS
- 4.52
- Analyst moves in the last 60 days
- 4
- Strong buy: 1
- Buy: 8
- Hold: 13
- Sell: 0
- Strong sell: 1
- Strong buy
- 1
- Buy
- 8
- Hold
- 13
- Sell
- 0
- Strong sell
- 1
- July 22, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- July 20, 2026 · Jefferies: Maintains rating (Hold → Hold)
- July 16, 2026 · Truist Securities: Maintains rating (Hold → Hold)
- July 2, 2026 · RBC Capital: Initiates coverage (Sector Perform)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (3)
- Wells Fargo Maintains Overweight on Public Service Enterprise, Lowers Price Target to $91 (opens in a new tab) — Benzinga
- Jefferies Maintains Hold on Public Service Enterprise, Lowers Price Target to $78 (opens in a new tab) — Benzinga
- Truist Securities Maintains Hold on Public Service Enterprise, Raises Price Target to $90 (opens in a new tab) — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock's trend is negative: it fell about 1.5% in two weeks and 6% in a month, and it's lagging the market by nearly 8%.
Evidence
- Price when the context was analyzed
- 76.63
- Average true range (ATR)
- 1.8%
- Distance to 52-week high
- -12.1%
- 14-day change (14d)
- -1.5%
- 30-day change (32d)
- -6.1%
- 30-day relative strength
- -7.8%
- SPY change (32d)
- +1.7%
- Nearest support
- 76.04
- Distance to nearest support
- 0.8%
- Nearest resistance
- 76.73
- Distance to nearest resistance
- 0.1%
- Volume accumulation ratio (14d / 46d)
- 0.98
- Mid: 76.04 (0.8% away, 0.43 ATR, 10 touches)
- Minor: 75.27 (1.8% away, 0.98 ATR, 2 touches)
- Mid: 75 (2.1% away, 1.17 ATR, 6 touches)
- Mid: 76.73 (0.1% away, 0.07 ATR, 10 touches)
- Mid: 77.01 (0.5% away, 0.28 ATR, 10 touches)
- Mid: 77.34 (0.9% away, 0.51 ATR, 24 touches)
Trends
Evidence
- Average earnings surprise
- +7.9%
- May 5, 2026: actual EPS 1.55 vs estimate 1.43 (surprise +8.5%)
- February 26, 2026: actual EPS 0.72 vs estimate 0.71 (surprise +1.4%)
- November 3, 2025: actual EPS 1.13 vs estimate 1.01 (surprise +11.6%)
- August 5, 2025: actual EPS 0.77 vs estimate 0.7 (surprise +10.3%)
Expected move
Drivers
-
Past earnings
Positive
The company has beaten earnings forecasts in all recent quarters, with an average surprise of +7.9%, showing strong performance.
- Implied move
- +1.3%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 1.1%
- 75th percentile move
- 2%
- 90th percentile move
- 2.4%
- Up / down moves
- 6 / 14
- Average up move
- +1.1%
- Average down move
- -1.7%
Monitoring and close
What Public Service Enterprise Group Incorporated reported
- Status
- Finished
| Actual EPS | 0.86 |
|---|---|
| EPS estimate | 0.8 |
| EPS surprise | +7.5% |
| Revenue | $2,554 million |
| Revenue estimate | $2,716 million |
| Revenue surprise | -6.0% |
PSEG beat Q2 estimates despite lower revenues. It reaffirmed its 2026 EPS guidance, presenting a mixed outlook.
Sources (8)
- Public Service Enterprise Group Incorporated (PEG) Q2 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
- PEG Q2 Earnings Outpace Expectations, Revenues Decrease Y/Y (opens in a new tab) — Zacks
- PSEG (PEG) Reports Q2 Earnings: What Key Metrics Have to Say (opens in a new tab) — Zacks
- PSEG (PEG) Tops Q2 Earnings Estimates (opens in a new tab) — Yahoo
- Public Service Enterprise Affirms FY2026 Adj EPS Guidance of $4.28-$4.40 vs $4.38 Est (opens in a new tab) — Benzinga
- The company beat earnings expectations with $0.86 per share, but revenue fell short of estimates. — Benzinga
- Public Service Enterprise Q2 Adj. EPS $0.86 Beats $0.80 Estimate, Sales $2.554B Miss $2.716B Estimate (opens in a new tab) — Benzinga
- PSEG ANNOUNCES SECOND QUARTER 2026 RESULTS (opens in a new tab) — Yahoo
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, results beat expectations on earnings but not on revenue, and the price is indicating -0.2% pre-market, a move below the stock's usual reaction (about 1%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.
How the stock reacted
- Outcome
- Partial
- Consolidated
- -0.5%
- Max favorable move (MFE)
- 3.2%
- Max adverse move (MAE)
- 0.5%