PEG

I initiate Public Service Enterprise Group with a buy rating, driven by its robust regulated investment program and strong nuclear generation assets. PEG's $22.5–$25.5 billion regulated capex plan underpins a credible 6–8% operating earnings growth outlook, contingent on timely rate base conversion. PEG's nuclear fleet delivers reliable, carbon-free baseload power, positioning PEG to benefit from surging data center and commercial electricity demand.

Public Service Enterprise Group NYSE: PEG reaffirmed its full-year 2026 operating-earnings outlook after reporting second-quarter results supported by utility infrastructure investments and improved performance at its power business.

While the top- and bottom-line numbers for PSEG (PEG) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

PSEG (PEG) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.8 per share. This compares to earnings of $0.77 per share a year ago.

PSEG (PEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Skyrocketing demand from artificial intelligence data centers is exacerbating shortages of critical grid equipment like transformers across the U.S., driving up costs, stretching out wait times and spurring utilities ​and developers to lock in orders far in advance.

VST edges PEG with stronger earnings estimate trends, cheaper valuation, higher ROE and better three-month share gains.

Public Service benefits from stable utility assets and clean energy investments, but impairment risks and supply-chain challenges remain key concerns.

The largest U.S. utility is about to buy Dominion Energy, a big peer with data-center exposure. What's not to like?

PSEG's Q1 earnings beat estimates, revenues increase 19.4%, and operating income jumps to $1.08 billion, with electric and gas sales volumes rising year over year.