Investing.com - Public Service Enterprise reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Public Service Enterprise announced earnings per share of $1.33 on revenue of $2.31B. Analysts polled by Investing.com anticipated EPS of $1.12 on revenue of $2.59B.
Public Service Enterprise shares are up 3% from the beginning of the year and are trading at $68.85 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.82% 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 Thursday, April 21, 2022, who reported EPS of $0.74 on revenue of $2.89B, compared to forecasts EPS of $0.7142 on revenue of $5.19B.
Southern had beat expectations on Thursday with first quarter EPS of $0.97 on revenue of $6.65B, compared to forecast for EPS of $0.9069 on revenue of $6B.
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