Public Service Enterprise Group (NYSE:PEG) Issues Quarterly Earnings Results, Beats Estimates By $0.06 EPS
Public Service Enterprise Group (NYSE:PEG) announced its quarterly earnings, beating analyst estimates by $0.06 with an EPS of $0.86. Despite this, the company's revenue saw an 8.9% year-over-year decline, and its stock price fell, nearing its 12-month low. Analysts maintain a "Moderate Buy" rating, and the company declared a quarterly dividend of $0.67 per share.
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