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Public Service Enterprise Q1 Non-GAAP Operating Earnings, Operating Revenue Fall; 2024 Non-GAAP EPS Outlook Reaffirmed
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Public Service Enterprise Q1 Non-GAAP Operating Earnings, Operating Revenue Fall; 2024 Non-GAAP EPS Outlook Reaffirmed
Apr 30, 2024 6:49 AM

09:16 AM EDT, 04/30/2024 (MT Newswires) -- Public Service Enterprise Group ( PEG ) reported Q1 non-GAAP operating earnings Tuesday of $1.31 per diluted share, down from $1.39 a year earlier.

Analysts polled by Capital IQ expected $1.31.

Operating revenue for the quarter ended March 31 was $2.76 billion, down from $3.76 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.03 billion.

The company said it continues to expect 2024 non-GAAP operating EPS in the range of $3.60 to $3.70. Analysts polled by Capital IQ expect $3.67.

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