Public Service Enterprise (NYSE:PEG) · earnings miss
Quarter
Q3
EPS estimate to actual
$1.20→ to $1.15
Revenue estimate to actual
$3.3B→ to $3.0B
At a glance
Key takeaways
01Public Service Enterprise reported Q3 earnings per share of $1.15, missing the consensus estimate of $1.20 by $0.05.
02Revenue fell short at $3.0 billion versus the estimate of $3.3 billion, representing a 9% shortfall.
03The stock trades at $72.56 with a market capitalization of $39.4 billion following the earnings miss.
04Prior quarters showed mixed performance, with Q1 beating estimates by 7.6% and Q2 by 3.6%, suggesting recent deceleration.
Earnings Results
Public Service Enterprise (NYSE:PEG) reported quarterly earnings results on November 02, 2026 that fell short of analyst expectations.
The Utilities company reported earnings per share of $1.15, missing the consensus estimate of $1.20 by $0.05 per share. Revenue came in at $3.0B, missing the estimate of $3.3B.
Company Overview
Public Service Enterprise's stock moved following the earnings release. The stock currently trades at $72.56 with a market capitalization of $39.4B.
Missing analyst estimates puts pressure on a stock as investors reassess their growth assumptions. The market's reaction to an earnings miss depends heavily on the magnitude of the shortfall, the company's forward guidance, and whether the miss was driven by temporary or structural factors.
Earnings reports are most useful when viewed as part of a trend rather than in isolation. Investors tracking Public Service Enterprise should compare this quarter's results against both year-over-year figures and sequential performance to identify whether the business is accelerating, stabilizing, or decelerating. The earnings calendar on Smart Investors Daily tracks upcoming report dates across all publicly traded companies.